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Mexico Not to Pay for Border Wall, Pena Nieto Says After Trump’s Remarks

© AP Photo / Andres KudackiMexico's President Enrique Pena Nieto
Mexico's President Enrique Pena Nieto - Sputnik International
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Mexican President Enrique Pena Nieto has stressed that his country will not pay for a wall that US president-elect Donald Trump plans to construct on the US-Mexico border.

Border Patrol agents patrol the United States-Mexico Border wall during Opening the Door Of Hope/Abriendo La Puerta De La Esparana at Friendship Park in San Ysidro, California on Saturday, November 19, 2016 - Sputnik International
Mexican Peso Drops to Historical Low in Wake of Trump's Wall Remarks
MOSCOW (Sputnik) — On Wednesday, Trump said that he would start negotiating the financing of the border wall with Mexico immediately after his inauguration on January 20.

Commenting on Trump’s remarks, Pena Nieto said on Wednesday, as cited by FXStreet, that Mexico was ready to negotiate trade and migration issues with Washington and was open to more security at the border, but would not pay for a wall.

The exchange rate of the Mexican peso against the US dollar renewed its historical minimum on Wednesday in the wake of Trump's statements regarding the border wall.

Trump has repeatedly said that he would build a wall along the US-Mexico border if he is elected president, in order to stop undocumented Mexican immigrants from crossing into the United States.

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