March 5, 2018 / 4:25 PM / 17 days ago

Trump ties steel, aluminum tariffs for Mexico, Canada to NAFTA

WASHINGTON (Reuters) - U.S. President Donald Trump on Monday appeared to suggest that Canada and Mexico could win exemptions to his planned sweeping tariffs on steel and aluminum if the two countries sign a new NAFTA trade deal and take other steps.

U.S. President Donald Trump listens during a joint news conference at the White House in Washington, U.S., February 23, 2018. REUTERS/Kevin Lamarque/Files

“We have large trade deficits with Mexico and Canada. NAFTA, which is under renegotiation right now, has been a bad deal for U.S.A. Massive relocation of companies & jobs. Tariffs on Steel and Aluminum will only come off if new & fair NAFTA agreement is signed,” Trump tweeted.

“Also, Canada must treat our farmers much better. Highly restrictive. Mexico must do much more on stopping drugs from pouring into the U.S. They have not done what needs to be done. Millions of people addicted and dying,” he added.

Reporting by Susan Heavey; Editing by Gareth Jones

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