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Money Trump delaying NAFTA deal until after midterm elections

21:55  01 july  2018
21:55  01 july  2018 Source:   msn.com

Canadians who want to play hardball with Trump should look at this map

  Canadians who want to play hardball with Trump should look at this map Canadians who want to play hardball with Trump should look at this mapA new survey from Angus Reid finds 70 per cent of respondents want Ottawa to play hardball with the Trump administration in the growing trade dispute between our two countries. Only 30 per cent would like to take a "soft" approach in the hopes of placating the temperamental U.S. leader.

Move is aimed at reaching a better deal with Canada and Mexico. US and Canada are engaged in a tit-for-tat dispute over Trump ’s tariffs.

President Donald Trump intends to delay signing a revised version of the North American Free Trade Agreement until after the fall midterm elections , a move aimed at reaching a better deal with Canada and Mexico.

a man wearing a suit and tie© Provided by thecanadianpress.com

BERKELEY HEIGHTS, N.J. - President Donald Trump intends to delay signing a revised version of the North American Free Trade Agreement until after the fall midterm elections, a move aimed at reaching a better deal with Canada and Mexico.

Trump said in an interview that aired Sunday that he could quickly sign an agreement with the United States' neighbours, "but I'm not happy with it. I want to make it more fair." Asked about the timing of an agreement, Trump said: "I want to wait until after the election."

The president's decision to push back the NAFTA talks comes as the U.S. and Canada have been engaged in a tit-for-tat trade dispute over Trump's tariffs on Canadian steel and aluminum. Canada announced billions of dollars in retaliatory tariffs against the U.S. on Friday, and the president signalled the trade rattling could continue.

Trump says 'getting there' in NAFTA talks with Canada, Mexico

  Trump says 'getting there' in NAFTA talks with Canada, Mexico U.S. President Donald Trump said on Tuesday progress was being made in slow-moving talks to update the NAFTA trade accord between the United States, Canada and Mexico, but he held out the prospect of striking bilateral pacts if a three-way deal could not be reached. "We're trying to equalize it. It's not easy but we're getting there," he told a group of U.S. small business executives. "We'll see whether or not we can make a reasonable NAFTA deal."Renegotiating the North American Free Trade Agreement, which Trump called a "disaster" for the United States, was a goal he had set out during his election campaign.

President Donald Trump says he's delaying signing a revised version of the North American Free Trade Agreement until after the midterms in hopes of reaching a better deal .

BERKELEY HEIGHTS, N.J. - President Donald Trump intends to delay signing a revised version of the North American Free Trade Agreement until after the fall midterm elections , a move aimed at reaching a better deal with Canada and Mexico.

In the interview on Fox News Channel's "Sunday Morning Futures with Maria Bartiromo," Trump again threatened to impose tariffs on imported cars, trucks and auto parts, saying, "The cars are the big ones." The move has been viewed as a possible negotiating ploy to restart NAFTA talks, which could resume following Sunday's elections in Mexico.

If the U.S. moved forward with tariffs on auto imports, it would be a blow to Canada's economy because of the critical nature that the auto industry plays in the country. The U.S. Commerce Department is expected to hold hearings on auto tariffs in late July and to complete its investigation into auto imports later this summer.

Trump has sought to renegotiate NAFTA to encourage manufacturers to invest more in America and shift production from low-wage Mexico to the United States. The talks have stalled over several issues, including Trump's insistence on a clause that would end NAFTA every five years unless all three countries agree to sustain it.

Canada's steel no security threat: Ross

  Canada's steel no security threat: Ross Canada's steel no security threat: RossWilbur Ross also acknowledges that the U.S. doesn't have a trade deficit on steel with Canada — and, in fact, has a surplus with its northern neighbour in terms of dollar value.

Trump delaying NAFTA deal until after midterm elections . Berkeley Heights, N.J. – President Donald Trump intends to delay signing a revised version of the

President Donald Trump said Sunday he wants to wait until after the midterm elections to move forward on a new NAFTA deal with Mexico and Canada, with the parties locked in tough negotiations.

The president has suggested he may pursue separate trade pacts with Canada and Mexico instead of continuing with a three-country deal. But any reworked deal would need to be considered by Congress, and negotiators missed a self-imposed deadline to wrap up the talks by mid-May to allow it to be considered by lawmakers before the November elections.

Trump has clashed with Canadian Prime Minister Justin Trudeau over trade, with the U.S. president tweeting last month after departing the G-7 meetings in Quebec that Trudeau was "weak" and "dishonest."

Trump and Trudeau spoke by phone late Friday after Canada announced it would impose its own tariffs in retaliation for the U.S. tariffs on steel and aluminum imports. Trudeau's office said the prime minister "conveyed that Canada has had no choice but to announce reciprocal countermeasures" to the U.S. tariffs.

Everything you wanted to know about the Canada-U.S. trade war but were afraid to ask .
Everything you wanted to know about the Canada-U.S. trade war but were afraid to ask .Okay. Bring me up to speed. Here’s the deal. Earlier this year, the United States slapped tariffs on steel and aluminum imports from many countries around the world. Canada was given a pass for a couple months, but at the end of May, the U.S. decided to hit Canadian steel and aluminum with those tariffs. Now there is a 25 per cent tariff on steel and a 10 per cent tariff on aluminum that enters the U.S. from Canadian producers.Much like the rest of America’s trading partners, Canada wasn’t too happy about this.

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