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Trump Turns Steel Tariffs Into Nafta Bargaining Chip

  • Trump dangles relief from tariffs for Canada and Mexico
  • Lighthizer says time running out for deal before Mexico vote
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Trump's Tariffs Complicating Nafta Negotiations
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President Donald Trump has turned his steel tariffs from a tool for protecting national security into a bargaining chip offered to Canada and Mexico to seal a quick deal on Nafta.

The U.S. has formally offered to exclude the neighboring countries from the president’s planned tariffs on steel and aluminum if they can agree on a deal on a new North American Free Trade Agreement. “The president’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 following the seventh round of Nafta talks on Monday. “It’s an incentive to get a deal.”