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BERKELEY HEIGHTS, New Jersey, United States (AP) – President Donald Trump announced that he intended to postpone the signature of a revised version of the North American Free Trade Agreement (NAFTA) until the end of the mid-term elections on November 6, saying that in this way he wants to reach a better agreement with Mexico and Canada .
In an interview broadcast Sunday, Trump said that he could quickly sign an agreement with the two American neighbors, "but I'm not happy about that." I want to make it more just. "Asked about the right time to reach an agreement, Trump said:" I want to wait after the elections. "
Trump's decision to postpone NAFTA negotiations arose while United States and Canada were involved in a dispute commercial eye-to-view on tariffs Trump applied first to the steel and aluminum of Canada and other nations. Canada announced Friday retribution tariffs against United States worth billions of dollars, but the US president said trade negotiations could continue.
The interview with the program "Sunday Morning Futures with Maria Bartiromo", Fox news channel, has again threatened Trump to impose tariffs on imports of cars, trucks and auto parts, saying, "The cars are big". The measure was seen as a possible bargaining tactic to resume the NAFTA talks, which could begin after Sunday's elections in Mexico.
If the United States were going ahead with new tariffs on car imports, Canadian, because of the critical nature of the auto industry in the country. The US Department of Commerce is expected to hold hearings on auto rates by the end of July and complete its investigation of car imports by the end of the summer.
Trump tried to renegotiate NAFTA to encourage US manufacturers to invest more in the country, moving production from Mexico, where they pay much lower wages. The discussions stalled on several points, such as Trump's insistence on a clause that would end the NAFTA every five years unless the three countries consume it.
The US president said he could enter into separate trade agreements with Canada. and Mexico instead of continuing with a tripartite agreement, but any modified agreement should be debated in Congress. Negotiators did not respect the deadline for concluding the talks in mid-May to allow lawmakers to analyze it before the November elections
Trump clashed with Canadian Prime Minister Justin Trudeau trade topic. After leaving the G7 meetings in Quebec City last month, the US President tweeted that Trudeau was "weak" and "dishonest".
Trump and Trudeau spoke by telephone Friday night after Canada announced that it would impose its own rights in retaliation for new US trade taxes on imports of steel and aluminum . Mr. Trudeau's cabinet stated that the Prime Minister "has indicated that Canada has no choice but to announce reciprocal countermeasures" to US tariffs.
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