Trump Optimistic on Nafta After Canada, Mexico Dodge Metals Tariffs
- U.S. excludes Canada & Mexico amid talks on decades-old pact
- ‘I have a feeling we’re going to make a deal,’ president says
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President Donald Trump threw his Nafta partners a bone while continuing to reframe trade talks with Canada and Mexico as a stark choice between lofty U.S. demands or steep tariffs on steel and aluminum.
In announcing a 25 percent tariff on steel and 10 percent levy on aluminum Thursday, the U.S. president exempted Canada and Mexico “at least at this time” and cited close ties between the three nations. Trump struck an unusually optimistic tone on the fate of the North American Free Trade Agreement, but repeated his threat to quit the pact if the talks fall short.