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Steel Shock Drives Wedge Into Sluggish NAFTA Talks

Posted March 02, 2018

Under Economic Issues, International Trade Issues

(Dave Graham & David Ljunggren – Reuters)

Negotiators trying to rework the NAFTA trade deal on Thursday were hit by the prospect of a battle over U.S. steel tariffs that could make it more complicated to build autos in North America, one of the most sensitive issues at the talks.

U.S. President Donald Trump said he would impose the tariffs beginning next week, raising the risk of exacerbating tensions at negotiations already facing serious challenges.

Officials were unable to say immediately whether the tariffs would include imports from Canada and Mexico, the other two partners in the 24-year-old North American Free Trade Agreement. Click here to read more.