Trump Says No Mexico, Canada Steel Break Without Fair Nafta

  • Steel tariff plan overshadows negotiations on new Nafta
  • Negotiators made progress on mundane issues in Mexico City
Bloomberg’s Michael McKee reports on how President Trump’s planned tariffs could impact Nafta talks.(Source: Bloomberg)
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President Donald Trump said the U.S. won’t lower tariffs on steel and aluminum from Mexico and Canada unless the two countries agree to a revamped Nafta that’s fair to the U.S.

“NAFTA, which is under renegotiation right now, has been a bad deal for U.S.A. Massive relocation of companies & jobs,” the president said in a tweetBloomberg Terminal Monday. “Tariffs on Steel and Aluminum will only come off if new & fair NAFTA agreement is signed.”