Canada, Mexico Stick to Nafta Plan After Trump’s Tariff Reprieve
- Nafta talks are ‘quite distinct’ from steel, Canada says
- Junior partners give no signal they’ll bow to U.S. pressure
Trump's Tariffs Complicating Nafta Negotiations
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While Donald Trump ’s tariff gambit spared his Nafta partners for now, Canada and Mexico are pledging it won’t make them budge at the bargaining table.
Trump on Thursday indefinitely exempted the two countries from steel and aluminum tariffs “at least at this time.” Canadian Finance Minister Bill Morneau said Friday that “actually bodes well” for talks to update the 1994 North American Free Trade Agreement, and Trump said he had a feeling there’ll be a deal on Nafta.