Canada Rejects U.S. Push To Replace NAFTA With Bilateral Trade Deal

Dairy cows. THE CANADIAN PRESS  Jonathan Hayward

Last week Trudeau was publicly critical of Trump's big announcement, saying, "The idea that we are somehow a national security threat to the United States is quite frankly insulting and unacceptable".

The Trump administration announced that it was moving ahead with 25 percent tariffs on imported steel and 10 percent tariffs on imported aluminum, sparking major backlash. CNN reported that after Trudeau objected to the national security rationale, Trump replied: "Didn't you guys burn down the White House?" Trump asked, referring to the War of 1812.

The EU also has announced a series of retaliatory tariffs of 25% on roughly 200 American products, including orange juice, that are set to take effect in July.

The remarks are likely to create more cross-border economic uncertainty with the US after Trump imposed stinging steel and aluminum tariffs on imports from Canada, Mexico and Europe.

The U.S. has been in trade negotiations with Mexico and Canada for months over the North American Free Trade Agreement.

President Trump's economic adviser, Larry Kudlow, on Tuesday revived a possibility that the president would attempt to replace Nafta with bilateral deals with Canada and Mexico - a move both nations oppose.

Two-way trade is worth United States $600 billion annually but the USA has a deficit with Mexico of around US $65 billion, which Trump has argued is evidence of unfair trade between the two countries.


"We have, on various occasions, heard the president speak about his interest or his musings about a bilateral deal instead of the trilateral NAFTA that we have", Canadian Prime Minister Justin Trudeau stated. The White House backed the bill earlier this year.

"And I would just say to all of Canada's American friends - and there are so many - seriously?"

The group says that there are 110,000 U.S. jobs directly tied to U.S. pork exports to Mexico as well as to other countries.

Trump suggested last week that NAFTA could be replaced with two separate trade accords, one with Mexico and another with Canada.

However, the soldiers who burned down Washington were all expeditionary troops sent direct from Great Britain, unlike the local militias and Indigenous warriors who had done much of the fighting during earlier USA attempts to invade what is now Ontario. -Canada relationship - as well as the effort by Canadian politicians of different stripes to appear united when they press Washington on trade issues.

Adding to the uncertainty is European anger over Trump's decision to pull the United States out of the worldwide nuclear agreement with Iran. "The U.S. has been ripped off by other countries for years on Trade", he tweeted at the weekend, "time to get smart!"

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