Trump Suggests Canada, Mexico Could Win Tariff Exemption

Trump Suggests Canada, Mexico Could Win Tariff Exemption
U.S. President Donald Trump announces that the United States will impose tariffs of 25 percent on steel imports and 10 percent on imported aluminum during a meeting at the White House in Washington, U.S. on March 1, 2018. REUTERS/Kevin Lamarque
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WASHINGTON/MEXICO CITY—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.

He made the comments as the United States, Canada, and Mexico were wrapping up their latest round of talks on revamping the 1994 NAFTA deal, and as world shares dipped again, partly on concerns that Trump’s tariff plan could spark a global trade war.