Now that President Donald Trump has floated the idea of taxing goods imported from Mexico in order to pay for the “Great Wall” along the United States’ southern border, many favorite household items could get a lot more expensive. The president signed an executive order on Wednesday to move forward with the wall. Now, his administration needs to figure out how to pay for it. House Republicans suggested a 20 percent tax on Mexican imports as one solution among a “buffet of options,” according to Trump’s chief of staff, Reince Priebus. It’s estimated the “Great Wall” could cost anywhere from $12 billion to $20 billion ― numbers that Senate Majority Leader Mitch McConnell (R-Ky.) and White House press secretary Sean Spicer, respectively, mentioned on Thursday.

Source: Huffington Post January 27, 2017 17:02 UTC