CNN: Trump will need more than ‘Nigeria’s 2017 budget’ to build wall in Mexico

President Donald Trump will need a little more than $25 billion – about the size of Nigeria’s 2017 budget – to build his much touted wall across the US-Mexico border.

The wall, which is projected by CNNMoney to be at least 1,300 miles long, 40 feet high, and containing 19 million tons of concrete, is expected to be more than double the price proclaimed by Trump during his campaign.

The taller portions of the existing fence between the populated sections of the US-Mexico border cost an average of $3.9 million per mile, according to the government accountability office.

Bernstein Research, which tracks materials costs in the US, suggest there are enough uncertainties to drive the cost up to $15 billion, and possibly as much as $25 billion.

The estimate does not include the cost of acquiring the land where the wall will be built, which is estimated  to cost a fortune.

In context, Nigeria’s 2017 budget is $25.99 billion or N7.298 trillion  the biggest budget in naira terms in the country’s 56-year history.

With the cost of land acquisition added to the estimated cost, Trump will need more than $25.99 billion to successfully erect a wall between the US and Mexico.

Trump has repeatedly said Mexico will be paying for the wall, which the country has refused.

Enrique Nieto, the Mexican president, made a cancellation of his proposed trip to Washington on January 31.

He was to meet with Trump, but the US leader said he should stay put in Mexico, if his country not willing to pay for the wall.

“The US has a 60 billion dollar trade deficit with Mexico. It has been a one-sided deal from the beginning of NAFTA with massive numbers of jobs and companies lost,” Trump said.

“If Mexico is unwilling to pay for the badly needed wall, then it would be better to cancel the upcoming meeting.”

Trump: Mexico should cancel meeting if they won’t pay for wall.

President Donald Trump on Thursday said his Mexican counterpart Enrique Nieto should cancel his upcoming visit to Washington if Mexico refuses to pay for a wall along the border.

 

“The U.S. has a 60 billion dollar trade deficit with Mexico.

 

“It has been a one-sided deal from the beginning of the North American Free Trade Agreement (NAFTA) with massive numbers… of jobs and companies lost.

 

“If Mexico is unwilling to pay for the badly needed wall, then it would be better to cancel the upcoming meeting,” Mr. Trump said on Twitter

 

NAN reports that Mexico’s foreign minister Luis Videgaray said on Wednesday that in spite of pressure at home to scrap a summit between Messrs. Trump and Nieto fixed for Tuesday, January 31, “it is still on for now”.

 

Trump had signed new executive orders, including one authorising a wall on the U.S. southern border, just as a Mexican delegation led by Mr. Videgaray arrived at the White House for talks.

 

“The meeting between the two presidents in Washington next Tuesday is still confirmed,” Mr. Videgaray said. “The meeting, for now, is going forward.”

 

Source: Reuters

Mexican Cement Company Offers To Help Trump Build His “Big, Beautiful, Powerful” Border Wall

A Mexican cement maker is ready to lend its services to U.S. President-elect Donald Trump to build the wall he wants to erect on the southern border of the United States to curb immigration.

“We can’t be choosy,” Enrique Escalante, Chief Executive Officer of Grupo Cementos de Chihuahua (GCC) said in an interview. “We’re an important producer in that area and we have to respect our clients on both sides of the border.”

Based in Chihuahua, a large northern state bordering Texas and New Mexico, GCC is one of the biggest construction materials companies in Mexico. It generates around 70 percent of its sales in the United States, where it also has three plants.

Escalante said Trump’s plans to invest in energy and infrastructure in the United States augured well for the firm.

“For the business we’re in, Trump is a candidate that does favor the industry quite a bit,” Escalante said.

Luckily for Trump, and Grupo Cementos, the National Enquirer has already drawn up “construction plans & blueprints.”

Read More: http://www.zerohedge.com/news/2016-11-23/

 

 

I’ll Build a Fence, Rather Than a Wall – Trump

U.S. President-elect Donald Trump has softened his initial immigration threat to build a wall along the United States border line with Mexico.

Speaking with New York Times on Tuesday, Trump said he might have to build a fence, rather than a wall, in some areas of the U.S.- Mexican border to stop illegal immigration.

This is contrary to one of his signature campaign promises on immigration where he promised to build a wall on the U.S. border with Mexico.
Trump also for the first time did not sound so optimistic about investigating and prosecuting his rival at the polls, Hillary Clinton.

“I don’t want to hurt the Clintons, I really don’t. She went through a lot and suffered greatly in many different ways,” he told reporters, editors and other newspaper officials at the Times headquarters in Manhattan.

Recall that during his campaign, Trump never missed to stress how he would prosecute Clinton for her family’s charitable foundation or her use of a private email server while she was U.S. secretary of state.

The U.S. President-Elect is also reconsidering his threat to back out of the International Climate Change Deal saying he was now keeping an ‘open mind’.

He in an interview that he thinks there is “some connectivity” between human activity and global warming, despite previously describing climate change as a hoax.

Recall that Trump had been quoted as seeking the fastest way to withdraw the United States from the 2015 Paris Agreement to combat climate change.

But speaking on Tuesday, Trump said “I’m looking at it very closely. I have an open mind to it.” U.S. withdrawal from the pact, agreed to by almost 200 countries, would set back international efforts to limit rising temperatures that have been linked to the extinctions of animals and plants, heat waves, floods and rising sea levels.

Trump also said that he was thinking about climate change and American competitiveness and “how much it will cost our companies,” he said.

Two people advising Trump’s transition team on energy and environment issues said they were caught off guard by his remarks.

A shift on global warming is the latest sign Trump might be backing away from some of his campaign rhetoric as life in the Oval Office approaches, Reuters reports.

Mexico Reaches Out To Trump, But Won’t Pay For Wall

Mexican President Enrique Pena Nieto said Wednesday he was ready to work with Donald Trump but the country’s foreign minister reiterated the government’s refusal to pay for his planned border wall.

Trump’s victory shocked Mexicans, who were angered by the Republican billionaire’s description of migrants as rapists and drug dealers.

His defeat of Democrat Hillary Clinton in Tuesday’s election caused the peso and the Mexican stock market to plunge due to fears that Trump would upend economic ties with the country.

“I congratulate the US on its electoral process and reiterate to @realDonaldTrump my willingness to work together in favor of bilateral relations,” Pena Nieto said on Twitter.

“Mexico and the US are friends, partners and allies who must continue collaborating for the competitiveness and development of North America,” he said.

Pena Nieto had angered Mexicans by inviting Trump to his official residence in Mexico City in August and not forcefully condemning the Republican candidate’s comments against migrants.

Trump has vowed to make Mexico pay for a massive border wall — which is estimated to cost several billions of dollars — and to renegotiate the North American Free Trade Agreement (NAFTA).

He also pledged to deport millions of undocumented immigrants and threatened to freeze billions in remittances that migrants send to their families back home.

“Paying for a wall is not part of our vision,” Foreign Minister Claudia Ruiz Massieu of Mexico told the Televisa network.

But she said the government has had a “daily fluid dialogue” with the Trump campaign and that the two countries were “not starting from zero.”

“It’s an opportunity. The terms of the relationship change,” she said.

The national currency fell 7.81 percent to 20.22 pesos per dollar before day trade opened, while the Mexican stock market plunged 3.18 percent at the opening bell.

But Finance Minister Jose Antonio Meade said the country’s economy was robust enough to cope with the market upheaval.

“Mexico has lived through challenges of volatility in the past that we faced with unity, seizing on our economic strength and taking correct and prudent policy decisions, and this won’t be an exception,” Meade said at the National Palace.

Meade noted that the election would have no immediate impact on trade, financial flows or people’s ability to travel. Mexico, he added, has inflation under control, controls deep international reserves totaling $175.1 billion and enjoys macroeconomic stability.

Meade said the strength of public and private financial institutions allowed the government to avoid taking “premature actions that move ahead of events that we don’t know about at the moment.”

Credit:

http://guardian.ng/news/mexico-reaches-out-to-trump-but-wont-pay-for-wall/

Build A Wall If You Want, Mexico Tells Trump

Mexico’s president hit back Sunday at Republican presidential candidate Donald Trump’s claim that if elected, he would make Mexico build a wall along its US border.

The bombastic billionaire has promised to crack down on illegal immigration and insulted Mexican immigrants by calling them rapists, criminals and drug dealers.

As his party’s presumptive presidential candidate, Trump is now eyeing a clash in the November election with his Democratic rival Hillary Clinton.

“There is no way to have Mexico pay (for) the wall. But any decisions inside (the) USA — is a decision of its government,” Pena Nieto told CNN in English.

The Mexican president earlier had said Trump’s campaign pledge was a non-starter, but he did not address the issue as specifically.

Pena Nieto said US-Mexican relations were based on coordination, collaboration and cooperation on security issues.

The Mexican president earlier compared Trump’s rhetoric to the rise of European dictators Adolf Hitler and Benito Mussolini.

Credit: Guardian