Trump reaches new deal with Mexico, threatens Canada
Tehran (KNA) - US President Donald Trump says his country and Mexico have reached a new trade dal, threatening to leave Canada out.
Trump spoke from the Oval Office at the White House on Monday, announcing that the new deal could replace the North American Free Trade Agreement (NAFTA)
He further threatened to take on Canada, another NAFTA signatory, with auto tariffs if it did not "negotiate fairly."
"They used to call it NAFTA," Trump said. "We're going to call it the United States-Mexico Trade Agreement."
Jay Timmons, the president and chief executive of the US National Association of Manufacturers, also released a statement, stressing the need for a trilateral agreement.
Source: PressTV