U.S. Offers Canada-Mexico Tariff Waiver to Ease Nafta Path
- U.S. trade chief says bilateral deals 2nd-best to a trilateral
- Freeland says Canada would hit back on steel, aluminum duties
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U.S. Trade Representative Robert Lighthizer said the Trump administration has offered to exclude Canada and Mexico from tariffs on steel and aluminum as an incentive to reach a deal on a new Nafta before a string of elections make it difficult.
President Donald Trump’s “view was that it makes sense that if we get a successful agreement, to have them be excluded,” Lighthizer told reporters in Mexico City on Monday following the seventh round of talks to renegotiate the North American Free Trade Agreement. “It’s an incentive to get a deal.”