President Trump signaled Monday that the only way he won’t slap new tariffs on steel and aluminum imports is if a “new and fair” North American Free Trade Agreement is signed.
“Tariffs on Steel and Aluminum will only come off if new & fair NAFTA agreement is signed,” Trump tweeted.
Said Trump: “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.”