Trump Using Tariffs as Leverage in NAFTA Renegotiations With Mexico and Canada Trump Using Tariffs as Leverage in NAFTA Renegotiations With Mexico and Canada – NTK Network

Trump Using Tariffs as Leverage in NAFTA Renegotiations With Mexico and Canada

The president tweeted on Monday morning that Mexico and Canada will only receive exemptions from new tariffs "if new & fair NAFTA agreement is signed."

By NTK Staff | 03.05.2018 @9:00am
Trump Using Tariffs as Leverage in NAFTA Renegotiations With Mexico and Canada

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.

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