U.S. & MEXICO - In a series of events which took place in the White House this week, it was announced that a planned meeting between President Trump and Mexico President Enrique Peña Nieto was canceled.

As we recently reported, the U.S. President signed two executive orders this week directing the construction of a wall on the U.S.-Mexico border.

Amongst the numerous updates, President Enrique Peña Nieto tweeted, "This morning we informed the White House that I will not attend next Tuesday's scheduled meeting" with Trump.

The meeting between the two leaders was meant to discuss trade and immigration, according to CNBC, but Mexico’s President has now stated he will consult with Mexican officials to “decide next steps,” while reinforcing his consistent stance that Mexico would not pay for a wall on the U.S.-Mexico border.

Projected by Congress to cost $12 billion to $15 billion, President Trump told ABC News the U.S. would pay for the construction initially, but that his administration plans on the funds being paid back.

"We'll be reimbursed at a later date from whatever transaction we make from Mexico. I'm just telling you there will be a payment. It will be in a form, perhaps a complicated form. What I'm doing is good for the United States. It's also going to be good for Mexico. We want to have a very stable, very solid Mexico,” the President said in the interview.

AndNowUKnow will continue to report on this story as it develops further.