New NAFTA deal less expensive. Surplus fund to build U.S.-Mexico border wall: Trump

The proposed U.S.-Mexico border wall has got some fund, at least an assurance from president Donald Trump, who said the money saved from new NAFTA (USMCA) deal will be diverted towards it.

Without any evidence Trump claimed Mexico will be paying for the wall.

USMCA is United States-Mexico-Canada Agreement.

The U.S.-Mexico border wall requires $5 billion fund and in a tweet the president said Mexico is going to pay for it.

He further added that the new NAFTA deal is comparatively less costly and it is better than the old NAFTA.

However, Democrats have not yet supported the USCMA in the current form and have urged to include in it more enforceable labor standards.

It is not yet clear how the changes in new NAFTA would be enforced like the auto workers in Mexico will get better wages. Even if Mexico manages to implement, it is not known how such arrangements are connected to number of dollars in the U.S. Treasury.

Meanwhile, Mexican President Andres Manuel Lopez Obrado and his predecessor Enrique Pena Nieto have refused to be funding for the border wall.

Paul Linus