The president tweeted on Monday morning that Mexico and Canada will only receive exemptions from new tariffs "if new & fair NAFTA agreement is signed."
After President Trump announced 25-percent tariffs on steel imports and 10-percent tariffs on aluminum imports last week, NTK Network asked: “how, if at all, does this impact NAFTA renegotiations between the U.S., Mexico, and Canada?”
On Monday morning, we saw at least a partial answer: quite a lot.
President Trump kicked off the week tweeting about the tariffs, and strongly suggesting that he sees the tariffs – which are supposed to go into effect this week – as leverage in America’s renegotiations of the North American Free Trade Agreement (NAFTA) with Mexico and Canada.
To that effect, Reuters reported that the tariffs have cast a “shadow” over the last day of the current “round of NAFTA talks,” which will take place on Monday.
