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Trump Administration Eases On NAFTA Demands In Renegotiations

In a rather stunning twist in NAFTA (North American Free Trade Agreement) discussions, the Trump administration has softened on two key demands, The Canadian Press reported.

After insisting on high North American and U.S. part content figures to avoid tariffs, the U.S. has reduced 10 percentage points off its demand over automobile content. The figure now stands at 75 percent over 85 percent North American parts in negotiations. The Trump administration took the American-made requirement off the table before the latest news.

Additionally, U.S. negotiators also proposed offering credits to help automakers meet thresholds if they invest in workforces, salaries and new research.

President Trump commented on NAFTA and said, “We’re getting pretty close to a deal.” However, the president offered up no timeline and said the U.S. is in no rush to wrap things up without putting in place a better deal in the administration’s eyes.

“It could be two weeks, it could be three months, it could be five months, I don’t care … I have no timeline … I keep reading from the fake news media that we’re pushing it, we’re not pushing it…. There’s no timeline,” President Trump added.

Former GM Authority staff writer.

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Comments

  1. “In a rather stunning twist..”???

    Oh, come on Sean, enough of the hyperbole and anti-Trump whining. This is called NEGOTIATIONS and bargaining, and President Trump is a master of it. Of course he gives a little here and there but it was already in the plan. Like playing poker or working in international trade.

    At the end of the day the United States still walks away with a lot more in the final deal than it had before President Trump forced a renegotiation. Canadians and Mexicans said they would never renegotiate, remember? Thank God we finally how a real President looking out for us.

    By the way, where is that Chinese trade war you and the rest of the MSM tried to scare Americans about just like NAFTA? Last time I check America is doing just fine and the Chinese have already made concessions.

    Reply
  2. Any “press” that names itself after a nationalistic agenda, and puts it in all CAPS like a 13-year-old girl writing on Youtube needing attention, is untrustworthy. The CANADIAN flag-waiving “PLEASE LOOK AT ME IN ALL CAPS” PRESS, eh? Lol

    Reply
  3. I wish the us would play hard ball! Put a tax on any foriegn businesses building or manufacturing products in this country! Plus higher tariffs on any and all products coming into this country!

    The problem is that foreign companies build and sell in the us and then take their profits back home to benefit their people!

    Reply

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