Trump Threatens Canada ‘Ruination’ on Autos Amid Nafta Talks
- President warns of 20% tariff on cars if no deal is reached
- Canadian minister says negotiations are in ‘continuous’ phase
Photographer: Aaron Harris/Bloomberg
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U.S.-Canada trade talks look set to drag on as President Donald Trump ratchets up pressure by threatening auto tariffs he says would mean the “ruination” of the Canadian economy.
Trump, speaking Friday in North Dakota, said he believes Canada is ripping off the U.S. and repeated that, if a deal can’t be reached, he’ll apply a 20 percent tariff on cars. “In some countries, including Canada, a tax on cars would be the ruination of the country. That’s how big it is. The ruination of the country,” he said. “Nafta has been the worst trade deal ever.”