US President Donald Trump warns Canada of auto-tariffs
Washington/Ottawa, Aug 11 (IBNS): US President Donald Trump has once again threatened Canada of imposing auto-tariffs if a deal is not signed between the two countries.
In a tweet, Trump, however, said the White House is going well to strike a deal with Mexico.
Trump's tweet reads, "Deal with Mexico is coming along nicely. Autoworkers and farmers must be taken care of or there will be no deal. New President of Mexico has been an absolute gentleman. Canada must wait. Their Tariffs and Trade Barriers are far too high. Will tax cars if we can’t make a deal!"
Deal with Mexico is coming along nicely. Autoworkers and farmers must be taken care of or there will be no deal. New President of Mexico has been an absolute gentleman. Canada must wait. Their Tariffs and Trade Barriers are far too high. Will tax cars if we can’t make a deal!
— Donald J. Trump (@realDonaldTrump) August 10, 2018
Earlier, Trump had imposed imposited of 25% and 10% tariffs on imported steel and aluminium respectively from any other country.
Trump has alleged that the US faced severe losses in trade pacts with Canada and Mexico, which is the other partner of NAFTA deal.
NAFTA is an agreement which came into force from January 1994 by Canada, Mexico and United States creating a trilateral trade bloc in North America.
Support Our Journalism
We cannot do without you.. your contribution supports unbiased journalism
IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.
