Today the White House casually floated the idea of paying for Trump’s impossible border wall by imposing a 20% tariff on Mexican imports.
The problem is basic economics: such a tax would be paid by U.S. businesses and consumers — not the Mexican government (as Trump promised).
In addition to not understanding how tariffs work, White House press secretary Sean Spicer also conflated the U.S.-Mexico trade deficit with the overall import levels.
Back to the drawing board.
More: The Dallas Morning News, “White House floats tax on Mexican imports that would force Americans to pay for wall,” Jan. 26, 2017.