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Trump: I’ll Lift Tariffs If NAFTA Is Renegotiated

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President Trump revealed a little more about his trade-war strategy (such as it is) Monday morning, threatening to saddle Canada and Mexico with the punitive steel and aluminum tariffs he ordered last week until the countries take steps on NAFTA and drug trafficking.

There had been a question of whether Trump would exempt allies from the restrictions, which consist of a 25 percent tariff on steel imports and a 10 percent tariff on aluminum imports, and are likely to be put into effect this week. But comments by hard-line adviser Peter Navarro over the weekend had seemed to rule out leaving any country off the list. Canada is the U.S.’s second-biggest trading partner, after China. Mexico is the third-biggest.


Source :- nymag
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