Trump idea to fund border wall with a GOP tax on imports could raise prices for consumers

The White House offered a possible answer Thursday for how President Trump could pay for the U.S.-Mexico border wall that was his chief campaign promise – a tax on imports that opponents say would raise prices for Americans buying groceries, automobiles and gasoline. In a speech to Republican lawmakers in Philadelphia, Trump said the new tax plan could “generate revenue from Mexico that will pay for the wall, if we decide to go that route.”