Trump makes trade agreement with Mexico to replace NAFTA, puts pressure on Canada to deal


800px Enrique Peña Nieto meets with Donald Trump G 20 Hamburg summit July 2017 US Mexico

(Worthy News) – President Trump heralded a tentative trade deal with Mexico on Monday as a big win for his get-tough trade policies, which he said put Canada on the spot to start its own negotiations with the U.S. or face higher tariffs on autos.

Mr. Trump claimed to have delivered on his threat to scuttle the 24-year-old North American Free Trade Agreement and haggle a better deal for U.S. workers and businesses.

Wall Street celebrated news of a U.S.-Mexico free trade deal with a buying frenzy, pushing the Dow Jones industrial average up 259 points, or 1 percent, to close above 26,000. [ Source: Washington Times (Read More…) ]

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