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Related: About this forumTrump Threatens to Kill NAFTA After U.S., Mexico Reach Preliminary Trade Deal
NAFTA 12:27 P.M.
Trump Threatens to Kill NAFTA After U.S., Mexico Reach Preliminary Trade Deal
By Benjamin Hart@realaxelfoley
After months of painstaking negotiations that often seemed on the verge of collapse, the United States and Mexico reached a bilateral deal on Monday that would rewrite key portions of the North American Free Trade Agreement, the landmark 1994 pact that President Trump attacked relentlessly on the campaign trail and has continued to rail against during his presidency. The big question now is whether Canada, the third party to the original deal, will come onboard.
During an Oval Office briefing with reporters, Trump awkwardly spoke with Mexican president on speaker-phone, hailing the new agreement as a breakthrough. He also said that he would be terminating NAFTA, and that the name of the new deal would be the the U.S.-Mexico Trade Agreement. He then threatened Canada with new tariffs on cars if it didnt come to a trade agreement with with the U.S., which he said could be bilateral.
Behind the scenes, though, the Trump administration is attempting to get Canada to sign off on a trilateral deal, and Trumps words could be viewed as a threat for Canada to get onboard as quickly as possible.
With Canadian-U.S.relations at a low after Trump assailed Prime Minister Justin Trudeau in June, the country has withdrawn itself from NAFTA talks in recent weeks.
More:
http://nymag.com/daily/intelligencer/2018/08/u-s-mexico-reach-preliminary-deal-on-nafta.html
redstatebluegirl
(12,265 posts)dubyadiprecession
(5,714 posts)Trump implied one way or another he would make them pay for it.
Fred Sanders
(23,946 posts)does nothing but issue idiotic and lying threats".
Bernardo de La Paz
(49,007 posts)Canada was in favor of arrangements to increase Mexican wages and working conditions, part of the partial set of provisions that preliminary agreement was reached with Mexico. The US and Mexico could not find even preliminary agreement on other parts of the Mexico arrangements.
Wellstone ruled
(34,661 posts)and his so advisors are trying to make the Media chase his new shinny object. Rather than his total botch of John McCain's passing.
There is no Trade Deal now or in the near future,just a attempt to change the Media Narrative.