Trump tightens screws to reach a NAFTA deal
Washington, (MILLAT ONLINE):President Donald Trump is ratcheting up pressure on Canada and Mexico to reach a new trade deal at time when uncertainties about cross-border commerce are weighing on Wall Street.
Despite Trump’s persistently harsh rhetoric, including renewed threats to exit the North American Free Trade Agreement, senior officials in Ottawa and Mexico City say they are still banking on reaching consensus.
“We’ve made a lot of progress,” Mexican Economy Minister Ildefonso Guajardo told a Mexican radio station on Monday.
“It appears there’s a willingness to show flexibility on complex issues.”
His remarks followed Trump’s Twitter outburst in which he again threatened to exit NAFTA, denouncing Mexican authorities for failing to prevent flows of narcotics and clandestine migration into the United States.
“They must stop the big drug and people flows or I will stop their cash cow, NAFTA,” Trump tweeted.