By Julia Edwards Ainsley WASHINGTON (Reuters) - President Donald Trump’s “wall” along the U.S.-Mexico border would be a series of fences and walls that would cost as much as $21.6 billion, and take more than three years to construct, based on a U.S. Department of Homeland Security internal report seen by Reuters on Thursday. The report’s estimated price-tag is much higher than a $12-billion figure cited by Trump in his campaign and estimates as high as $15 billion from Republican House Speaker Paul Ryan and Senate Majority Leader Mitch McConnell. The report is expected to be presented to Department of Homeland Security (DHS) Secretary John Kelly in coming days, although the administration will not necessarily take actions it recommends.
US President Donald Trump suggested that corporate tax reform could come within "weeks" Thursday, teasing a policy that could have significant implications for trade and the economy. Republicans in Congress have been mulling a package of corporate tax cuts that would be paid for by higher import tariffs. The Peterson Institute for International Economics has estimated that retaliatory tariffs from China, Europe, Mexico, Canada and Japan could be worth up to $220 billion.
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