Trump ups trade pressure on Canada, Mexico; senior Republicans urge rethink
WASHINGTON/MEXICO CITY (Reuters) – U.S. President Donald Trump increased pressure on Canada and Mexico over trade on Monday, saying the two could avoid being caught in his planned hefty tariffs on steel and aluminum if they ceded ground in talks on a new NAFTA trade deal. Trump also said, after a weekend of tweets in which he threatened to hit German automakers with tariffs, that Mexico needed to do more to stem the flow illegal drugs to the United States, something not encompassed by the talks over the North American Free Trade Agreement. Trump’s determination to push ahead with a 25 percent tariff on steel imports and a 10 percent duty on aluminum has prompted threats of retaliation from the European Union, Canada, China and Brazil among others.
Source:: https://finance.yahoo.com/news/trump-suggests-canada-mexico-could-141337372.html
