Trump Slams Canada’s “Decades Of Abuse”, Warns Congress Not To Interfere In NAFTA Talks

Saturday, September 1, 2018
By Paul Martin

by Tyler Durden
ZeroHedge.com
Sat, 09/01/2018

President Trump said on Saturday there was no need to keep Canada in NAFTA, slammed the US neighbor’s “decades of abuse” while warning Congress not to meddle with the trade negotiations or he would terminate the trilateral trade pact altogether one day after trade talks with Canada collapsed hours before a deadline.

“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,” Trump tweeted on Saturday. “Congress should not interfere w/these negotiations or I will simply terminate NAFTA entirely & we will be far better off.”

Late on Friday, Trump notified Congress of his intent to sign a bilateral deal with Mexico and would include Canada “if it is willing.” On Monday, Trump unveiled a surprise bilateral deal with Mexico.

As discussed earlier, Trump’s notification of Congress that he planned to sign a deal with Mexico in 90 days appeared to avoid what many in the U.S. business community and Congress had seen as a worst-case scenario. But according to Bloomberg, Saturday’s tweets opened the door again to that outcome.

“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!” Trump said.

The threat echoed what the president said earlier in the week when he warned he would forge ahead with a bilateral trade agreement with Mexico that would leave out Canada, which he on Friday again accused of “ripping us off.”

“We can’t have these countries taking advantage of the United States,” Trump told a rally in North Carolina.

While the two sides failed to meet a deadline set by the White House, both U.S. and Canadian negotiators insisted that they were making progress. They also announced that they would resume talks on Wednesday after four days of intense negotiations in Washington ended without a final agreement.

The Rest…HERE

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