Trump to wait after midterms to sign new NAFTA deal

06 July, 2018, 21:09 | Author: Sheila Harris
  • A handful boycotting Ottawa July 4th party in protest of Trump policies

Trump said in an interview that aired Sunday that he could quickly sign an agreement with the United States' neighbours, "but I'm not happy with it".

"That's what we're going to stay focused on". Well see where it goes.”.

Canada continues to fight back against USA tariffs, but people on the US side of the border see a double standard when it comes to media coverage.

Baruah expressed concern over the Trump administration's threat to impose further tariffs, this time on the auto industry, He noted that 25 to 35 per cent of a vehicle assembled in the U.S.is composed of parts from around the world. Trudeau's office said the prime minister "conveyed that Canada has had no choice but to announce reciprocal countermeasures" to the US tariffs.

Gomez argued that Mexico's incoming leftist president, Andres Manuel Lopez Obrador, does not have links with big business in the way that outgoing president Enrique Peña Nieto does, and so will not be beholden to business interests in the same way.

Canada could slide into recession if Donald Trump carries through on his threat to slap tariffs on auto imports to the USA, according to a new report by Scotiabank Economics.

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Trump has clashed with Canadian Prime Minister Justin Trudeau over trade, with the US president tweeting last month after departing the G-7 meetings in Quebec that Trudeau was "weak" and "dishonest".

Leslie also referred to another problem area in the relationship - the renegotiation of the North American Free Trade Agreement.

During her Monday briefing, White House press secretary Sarah Huckabee Sanders put the blame on Canada when she fielded questions about the escalating trade disputes between America and its northern neighbors. Phasing out Canadian dairy tariffs would "destroy Canada's dairy production" without actually resolving the U.S.'s production problems, the association said.

"As Canada's second-largest export sector (after energy products), and the export sector that depends most heavily on NAFTA's tariff preferences (96 per cent of exports to the U.S. pass under NAFTA), auto tariffs would hit the Ontario economy particularly hard and dampen Canadian growth in 2019 and 2020", Perreault added. "The United States is a country with significant national security challenges and only by having a Canada and Mexico that are cooperative can they actually get things done".

The prime minister has said they've disagreed over Trump's call for Canada to open up its supply management system during NAFTA talks.

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