Trump Warns Trudeau on Nafta: Fair Deal or No Deal

  • Trump and Trudeau have now made same threat this week on Nafta
  • U.S. president issues statement after Trudeau news conference
Trudeau reacts to the planned U.S. steel tariffs.Source: Bloomberg
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President Donald Trump is warning Canada that any renegotiated North American Free Trade Agreement must be “a fair deal, or there will be no deal at all,” escalating a leader-level standoff triggered by U.S. tariffs on steel and aluminum.

“The United States has been taken advantage of for many decades on trade,” Trump said in a statement released Thursday night by the White House. “Those days are over. Earlier today, this message was conveyed to Prime Minister Justin Trudeau of Canada: The United States will agree to a fair deal, or there will be no deal at all.” He followed up with a tweet Friday criticizing Canadian agricultural policy.