Mexican president cancels meeting with President Donald Trump

Mexican President Enrique Peña Nieto says he will no longer travel to the U.S. to meet with President Donald Trump amid a mounting conflict over Trump's proposed border wall.

In a tweet sent out late Thursday morning, Nieto said, "This morning we informed the White House I will not attend the business meeting scheduled for next Tuesday with [President Trump.]"

The announcement came shortly after Trump had tweeted that it would "be better" for Nieto to cancel the meeting.

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"The U.S. has a 60 billion dollar trade deficit with Mexico. It has been a one-sided deal from the beginning of NAFTA with massive numbers ... of jobs and companies lost. If Mexico is unwilling to pay for the badly needed wall, then it would be better to cancel the upcoming meeting," Trump said on Twitter.

A summit between the two presidents had been scheduled for next week, but the leaders have been locked in an ongoing public battle over the funding for a proposed wall along the U.S.-Mexican border.

Trump has repeatedly insisted that the Mexican government should be forced to pay for the wall and Nieto has repeatedly refused to.

RELATED: See where "the wall" already exists along the border

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Where the wall already exists along the US-Mexico border
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Where the wall already exists along the US-Mexico border
A gap in the U.S.-Mexico border fence is seen outside Jacumba, California, United States, October 7, 2016. REUTERS/Mike Blake 
U.S. customs and border patrol officers inspect a vehicle entering the U.S. from Mexico at the border crossing in San Ysidro, California, United States, October 14, 2016. REUTERS/Mike Blake 
U.S. customs and border patrol officers inspect a vehicle entering the U.S. from Mexico at the border crossing in San Ysidro, California, United States, October 14, 2016. REUTERS/Mike Blake 
Men talk on a street in the town of Calexico, California, United States, October 8, 2016. REUTERS/Mike Blake 
A U.S. customs and border patrol officer stands at a border crossing in San Ysidro, California, United States, October 14, 2016. REUTERS/Mike Blake
Recent arrivals from Mexico wait to board a greyhound bus in San Ysidro, California, United States, October 14, 2016. REUTERS/Mike Blake
Highway 82 towards Douglas, Arizona is seen near Sonoita, Arizona, United States, October 10, 2016. REUTERS/Mike Blake 
Clouds float above the border towns of Nogales, Mexico and Nogales, Arizona, United States, October 9, 2016. REUTERS/Mike Blake 
A sign warning drivers that firearms and ammunition are prohibited in Mexico is seen at the U.S.-Mexico border in Nogales, Arizona, United States, October 9, 2016. REUTERS/Mike Blake
Buildings in Nogales, Mexico (R) are separated by a border fence from Nogales, Arizona, United Sates, October 9, 2016. REUTERS/Mike Blake
An abandoned car sits off the side of a road near Jacumba, California, United States, October 7, 2016. REUTERS/Mike Blake 
A worker makes his way through the water after setting up an irrigation system on an agricultural field, near Calexico, California, U.S. October 7, 2016. REUTERS/Mike Blake
An abandoned car sits off the side of a road near Jacumba, California, United States, October 7, 2016. REUTERS/Mike Blake 
A church at the Museum of History in Granite is seen in Felicity, California, United States, October 8, 2016. REUTERS/Mike Blake
A man drives a tractor plowing a field at sunrise near Calexico, California, United States, October 8, 2016. REUTERS/Mike Blake 
Residential homes are seen next to the fence that borders Mexico, in Douglas, Arizona, United States, October 10, 2016. REUTERS/Mike Blake
Pedestrians wait to cross the street in Calexico, California, Unites States, October 7, 2016. REUTERS/Mike Blake
The town of Bisbee is seen in Arizona, United States, October 10, 2016. REUTERS/Mike Blake
Pedestrians make their way into the the United States from Mexico at the pedestrian border in Nogales, Arizona, United States, October 9, 2016. REUTERS/Mike Blake
A roadside collection of alien dolls and toy UFO saucers is seen next to a roadside residence neat Jacumba, California, United States, October 7, 2016. REUTERS/Mike Blake
A road abruptly ends next to a sign for a cattle ranch near Douglas, Arizona, United States, October 10, 2016. REUTERS/Mike Blake
A boy rides an all-terrain vehicle next Mexican border along the Buttercup San Dunes in California, United States, October 8, 2016. REUTERS/Mike Blake
An old refurbished gas station is seen in Lowell, Arizona, United States, October 10, 2016. REUTERS/Mike Blake 
A man rides a tricycle past a grocery store in a town that borders Mexico, in San Luis Butter, California, United States, October 8, 2016. REUTERS/Mike Blake 
A U.S. customs and border patrol truck drives past the fence that marks the border between U.S. and Mexico, in Calexico, California, United States, October 8, 2016. REUTERS/Mike Blake
A truck drives west towards California along highway 8 near Gila Bend, Arizona, United States, October 10, 2016. REUTERS/Mike Blake
Electronic items are displayed in a shop window in Calexico, California, United States, October 7, 2016. REUTERS/Mike Blake 
A residential home is seen in Nogales, Arizona, United States, October 9, 2016. REUTERS/Mike Blake 
A fence separates the border towns of Nogales, Mexico (R) and Nogales, Arizona, United Sates, October 9, 2016. REUTERS/Mike Blake
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Trump signed an executive order on Wednesday directing the construction of the wall.

"I believe the steps we will take starting right now will improve the safety in both of our countries," Trump said as he announced the orders. "A nation without borders is not a nation."

Nieto promptly responded by "rejecting" Trump's order.

"Where there is a Mexican migrant at risk that requires our support, your country should be there," he said late Wednesday, vowing to protect Mexican immigrants in the United States.

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