President Trump on Friday said he “wouldn’t mind” breaking up the North American Free Trade Agreement and replacing it by entering into separate trade pacts with Canada and with Mexico. “I wouldn’t mind seeing NAFTA where you’d go by a different name, where you make a separate deal with Canada and a separate deal with Mexico,” Trump said Friday at the White House. Trump said he “loves” both Canada and Mexico but accused them of taking advantage of the United States through through unfair trade arrangements. Trump has repeatedly criticized NAFTA since starting his campaign for president nearly three years ago. Trump this week enacted his administration’s most severe economic penalties against U.S. allies to date, establishing tariffs on steel and aluminum imports from Canada, Mexico and the European Union.

Source: Washington Post June 01, 2018 20:03 UTC