Federal Government Policy and Business

Trump says Canada and Mexico will escape new tariffs only after NAFTA concessions

The Washington Post: President Trump on Monday further expanded his personal trade war, telling Canada and Mexico that he would consider lifting possible tariffs on steel and aluminum only if they concede to White House demands for renegotiating the North American Free Trade Agreement. Like almost every broadside over trade war so far, his latest message was sent in a Twitter post with little explanation. He also demanded that Mexico do more to prevent drugs from entering the United States as one of the conditions for lifting upcoming steel and aluminum tariffs announced last week. The measures are expected to hit Canada particularly hard. It is the top exporter to U.S. markets of both steel and aluminum. Canada is also the biggest importer of U.S. steel and aluminum.

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