Trump only wants to tweak NAFTA
After discussions with Canada prime minister Justin Trudeau, U.S. President Donald Trump indicates he only wants to slightly alter the 20-year-old deal to make things better for their two countries.
February 15, 2017
by Canadian Packaging staff
Despite the fury and bluster shown by U.S. president Donald Trump on the current NAFTA (North American Free Trade Agreement) deal and all the changes he said he wanted to make to it during his recent election campaign, he now says he’s only interested in tweaking it a little bit.
The 20-year-old NAFTA is an agreement between Mexico, U.S. and Canada to essentially not charge each other tariffs on goods, services or money when it crosses each other’s borders.
After recent talks with Canada’s prime minister Justin Trudeau, Trump indicated that he was only interested in making minor changes to the NAFTA deal to better ensure both countries benefit more than they currently do in their tri-country arrangement with Mexico.
“On the southern border, for many, many years the transaction was not fair to the United States. It was an extremely unfair transaction,” president Trump said during a news conference on February 13, 2017.
Political analysts have indicated that Trump using the term “tweaks” is good news for Canada, implying the U.S. has no inclination of asking for major amendments to the NAFTA agreement that could possibly disrupt the fairly good trade relationship between the two countries, especially in regards to trade of fruits and vegetables, and pork and beef.
What tweaks Trump meant is anyone’s guess at this time as he did not elaborate, but if he is calling to make NAFTA a better deal for both Canada and the U.S., it can only mean it comes at the expense of Mexico.
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