Trump announces US-Mexico trade deal, setting stage for NAFTA overhaul

Trump announces US-Mexico trade deal, setting stage for Nafta overhaul

President Donald Trump

President hails deal ‘incredible for both parties’ and says negotiations with Canada will start ‘relatively soon’

Donald Trump has said he will strike a new trade deal with Mexico while ripping up the North American Free Trade Agreement (Nafta) and threatening a trade war with Canada.

“I’ll be terminating the existing deal and going into this deal,” the US president told reporters in the Oval Office on Monday. “We’ll be starting negotiating with Canada relatively soon. They want to negotiate very badly.”

He added: “One way or the other, we have a deal with Canada. It’ll either be a tariff on cars or it will be a negotiated deal. Frankly, a tariff on cars is a much easier way to go but perhaps the other would be much better for Canada.”

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  • Clyde Duncan  On August 28, 2018 at 11:31 pm

    I copied this and kept it around …. without including the source:

    Donald Trump is apparently so desperate to change the subject away from the criminal pleas and probes of his long-time associates and family members and his headline-grabbing disrespect of John McCain that he hastily announced the press could cover his live call with Mexican President Enrique Peña Nieto, hailing a NOT-yet-finalized trade deal with Mexico, despite the fact that Mexican officials have repeatedly said they are not interested in a trade deal without Canada.

    President Enrique Peña Nieto sent a tweet emphasizing Canada should be included in any agreement, which he continues to call NAFTA.

    No details on the agreement, just a pat on the back that discussions are underway, but do note that President Nieto still calls the agreement NAFTA, something that is a sticking point with Donald Trump, who really, really wants a new name, even if the bones of the agreement are the same as NAFTA.

    Best negotiator EVAH …..

    Donald Trump thinks he’s the greatest negotiator ever simply because Tony Schwartz put the idea in his head.

    Trump is like a little kid who sees the whole world through his pet fantasy.

    “I’m a deal maker! The greatest deal maker! Deals are what I do! I loves deals! Deals! Deals! Deals!”

    Or as my friend’s daughter puts it, he’s a toddler playing with his toys in the toilet.

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