September 2, 2018
President Donald Trump on Saturday took aim at unfair trade practices in a series of tweets after the U.S. and Canada failed to reach Friday’s deadline to replace the North American Free Trade Agreement (NAFTA).
The president began his tough trade talk by declaring there is “political necessity to keep Canada in the new NAFTA deal,” adding if the U.S. and Canada do not reach a “fair deal,” following “decades of abuse,” then its northern neighbor will find itself “out,” of the agreement.
The president then threatened he would “terminate NAFTA entirely,” if Congress interferes in trade negotiations between the two countries, adding the U.S. would be “far better off,” with the agreement scrapped entirely.
There is no political necessity to keep Canada in the new NAFTA deal. If we don’t make a fair deal for the U.S. after decades of abuse, Canada will be out. Congress should not interfere w/ these negotiations or I will simply terminate NAFTA entirely & we will be far better off…
— Donald J. Trump (@realDonaldTrump) September 1, 2018
“Remember, NAFTA was one of the WORST Trade Deals ever made. The U.S. lost thousands of businesses and millions of jobs,” President Trump wrote. “We were far better off before NAFTA – should never have been signed. Even the Vat Tax was not accounted for. We make new deal or go back to pre-NAFTA!”
….Remember, NAFTA was one of the WORST Trade Deals ever made. The U.S. lost thousands of businesses and millions of jobs. We were far better off before NAFTA – should never have been signed. Even the Vat Tax was not accounted for. We make new deal or go back to pre-NAFTA!
— Donald J. Trump (@realDonaldTrump) September 1, 2018
Hours later, President Trump tweeted an article written by Breitbart News Economics and Finance Editor John Carney about the missed deadline and what’s next for the negotiations.
No Deal! Trade Talks with Canada Conclude for the Week with No Agreement | Breitbart https://t.co/87vi7OqopY via @BreitbartNews
— Donald J. Trump (@realDonaldTrump) September 1, 2018
In the article, Carney wrote that while U.S. and Canadian officials signaled talks were headed in a “very positive,” direction, a leaked off-the- record comment by President Trump to Bloomberg about the U.S. not making concessions roiled talks Friday.
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