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World News See other World News Articles Title: Trump Puts Hold On NAFTA Until After Midterm Elections Trump Puts Hold On NAFTA Until After Midterm Elections A member of the A/V team straightens Canadian flags in front of rolls of coated steel at Stelco in Hamilton before a visit by Chrystia Freeland, Minister of Foreign Affairs, spoke, Friday, June 29, 2018. Canada announced billions of dollars in retaliatory tariffs against the U.S. on Friday in a tit for tat response to the Trump administration's duties on Canadian steel and aluminum. (Peter Power/The Canadian Press via AP) By The Western Journal July 1, 2018 at 8:56am 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’ neighbors, “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. twitter.com/FoxNews/status/1013427098814418947 Canada announced billions of dollars in retaliatory tariffs against the U.S. on Friday, and the president signaled the trade rattling could continue. 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. twitter.com/FoxNews/status/1013433796497149952/photo/1 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. 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. Poster Comment: They used to make that coil steel in Ohio years ago. Why not bring the jobs back to Ohio again? Is the EPA so powerful that cannot be done? Or is it a matter of wages? Post Comment Private Reply Ignore Thread
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