August 28, 2018

WASHINGTON (REUTERS) –- The United States and Mexico agreed on Monday (Aug 27) to overhaul the North American Free Trade Agreement (Nafta), putting pressure on Canada to agree to the new terms on auto trade and other issues to remain part of the three-nation pact. 

US President Donald Trump and outgoing Mexican President Enrique Pena Nieto said talks with Canada would begin immediately, though Trump threatened he could put tariffs on Canadian-made cars if a three-way deal could not be reached. 

“I think with Canada, frankly, the easiest we can do is to tariff their cars coming in. It’s a tremendous amount of money and it’s a very simple negotiation. It could end in one day and we take in a lot of money the following day,” Trump said. 

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https://www.straitstimes.com/world/united-states/trump-really-good-deal-reached-with-mexico-on-trade