Failed businessman and reality TV personality Donald Trump admitted today that US consumers will pay for his wall between the US and Mexico. White House press secretary Sean Spicer explained that Trump plans a 20% tax on goods imported from Mexico in order to pay for the wall.
Like many failed businessmen, Trump is unaware that the cost of goods will be passed on to the American consumers. Mexican goods already have a low profit margin for their manufacturers, so they will not be able to absorb the costs and will instead go pass the cost along to us or go out of business.