I’m wondering how many days of tariff collection would be enough to pay for the wall.
5% on $135B of imports raises $8B in direct revenue annually. Not enough. IT would take may years.
The Mexican tariff is a tax on Americans. Every cent collected is payed by Americans buying Mexican produced products. The tariffs are collected by US customs as the goods cross the border.
The Mexicans are not paying the money. Americans are paying