2018-03-06 18:30

Steel Tariffs Turn Into Nafta Chip as Trump Plays Dealmaker

REUTERS/Kevin Lamarque
REUTERS/Kevin Lamarque
President Donald Trump has turned his steel tariffs from a tool for protecting national security into a bargaining chip offered to Canada and Mexico to seal a quick deal on Nafta.

Trump‘s top negotiator, Robert Lighthizer, said Monday the U.S. has formally offered to exclude Canada and Mexico from the president‘s planned tariffs on steel and aluminum if the three countries work out a deal on a new North American Free Trade Agreement.

„The president‘s view was that it makes sense that if we get a successful agreement, to have them be excluded,“ Lighthizer told reporters in Mexico City following the seventh round of Nafta talks. „It‘s an incentive to get a deal.“

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