President Donald Trump spoke on the phone Friday with Mexican President Enrique Peña Nieto, one day after Peña Nieto informed the White House he would not attend a scheduled meeting with Trump due to Trump's border wall proposal. The two men spoke for an hour, The Associated Press reports, one day after White House Press Secretary Sean Spicer said the U.S. could impose a 20 percent tax on imports from Mexico to pay for Trump's border wall. An hour later, Spicer clarified that the idea was simply an "example of options [of] how to pay for [the] wall" and not a concrete policy proposal. Peña Nieto has repeatedly stated Mexico will not fund any such construction. Mexico was the United States' third largest supplier of goods imports in 2015, with the U.S. importing $295 billion worth of goods across the southern border.

Scroll for 5 things you
need to know now