Donald Trump dumps on Canada, knocks Freeland, threatens tariffs

NAFTA: Lighthizer hints Mexico pact may need to be reopened if delayed

US President Donald Trump claims he rejected a one-on-one meeting with Prime Minister Justin Trudeau regarding NAFTA.

As the NAFTA negotiations are wrapping up, and after a successful renegotiation of the US-South Korea free-trade agreement, the Trump administration's focus appears to be shifting to trade talks with Japan.

Canada is not making concessions needed to reach a deal with the United States for a trilateral NAFTA pact and is running out of time before Washington proceeds with a Mexico-only agreement, a top US official said on Tuesday.

He took aim at the country's dairy tariffs and reiterated his threat to tax Canada's auto industry.

He suggested there is deep mistrust in Chrystia Freeland, the lead Canadian trade negotiator, and her team.

The US administration has recently turned up the heat on Canada, trying to push for a concluded deal by this Sunday or else Canada risks being left out of a revised NAFTA agreement.

Talks have become increasingly hostile.

Treasury Secretary Steve Mnuchin previously said the president does want to secure a new trade deal with Canada regardless of when or how it happens.

The Canadian leader added existing USA tariffs on Canadian steel and aluminium, which were implemented in late May, would have to be scrapped before Canada felt confident in signing a new NAFTA agreement.

"Yeah I did", Trump said during a news conference amid the United Nations General Assembly in NY.

More news: Tropical Storm Kirk Forms In The Atlantic

President Trump's tough stance on fair trade practices has helped secure an agreement with Mexico, and now it's forcing Canada to come to the negotiation table.

The U.S. dollar rose against a basket of major currencies after the Fed raised interest rates as expected for the eighth time, flagged more rate hikes and signalled the end of the "accommodative" policy era.

That could end up hurting US auto companies that make cars in Canada and buy auto parts from Canada. The spokesperson declined further comment on Trump's news conference.

On the other hand, should Canada decide to join the agreement, the Canadian dollar could go significantly stronger.

Trump made the remarks during a news conference in NY on Wednesday when he was asked if he had, in fact, snubbed Trudeau.

"Canadians, we're polite, we're reasonable, but we also will not be pushed around", Trudeau said at the time. "We don't like their representative very much", Trump added.

"I'm not going to use the name 'NAFTA, '" he said.

The White House now plans to submit a new proposed trade agreement between the USA and Mexico for Congress to begin reviewing as soon as this week. I've never liked it, it's been very bad for the United States.

"I mean Mexico has 25 percent of our oil business now because of NAFTA", said Trump. It's been great for Mexico.

Related News:

  • Bitcoin price (BTC/USD) drops below $6,700 amid broader crypto correction

    Bitcoin price (BTC/USD) drops below $6,700 amid broader crypto correction

    As always, only the coming weeks and months can tell where the journey is headed for the very volatile cryptocurrency market. However, as tantalizing as this is, Ripple hasn't disclosed which banks or financial institutions have been testing xRapid .
    Karl-Anthony Towns getting $190 million extension from Wolves

    Karl-Anthony Towns getting $190 million extension from Wolves

    But Carter believes the presence of James on the Lakers means Butler will not be able to get his wish at being the main main. Butler is looking to cash in on a major contract extension that would give him around $190 million over five years.
    Kavanaugh accuser Ford agrees to testify Thursday; 2nd accuser steps forward

    Kavanaugh accuser Ford agrees to testify Thursday; 2nd accuser steps forward

    The second claim against Mr Kavanaugh dates to the 1983-84 academic year, which was his first at Yale University. "The Democrats are engaged in a campaign of delay and character assassination against Judge Kavanaugh ".
  • Bill Cosby sentenced to three to 10 years in prison

    Bill Cosby sentenced to three to 10 years in prison

    Judge Steven O'Neill sentenced Cosby on Tuesday, five months after his conviction in the first celebrity trial of the #MeToo era. The judge denied him bail and sent him to prison. "This judge. has actually given a rather lenient sentence", Napolitano said.

    Brett Kavanaugh says he was a virgin in high school

    Avenatti demanded to present testimony to the Senate Judiciary Committee and called for Kavanaugh's nomination to be withdrawn. Kavanaugh has vehemently denied the allegations and plans to defend himself before the Senate Judiciary Committee on Thursday.
    Dallas police officer accused in neighbor's death fired

    Dallas police officer accused in neighbor's death fired

    District Attorney Faith Johnson has said that her office "will make sure that justice is done in this case". Jean family attorneys and protesters have called for her firing following the shooting .
  • President Trump's Latest Tariffs on Chinese Goods will Hurt Consumers

    President Trump's Latest Tariffs on Chinese Goods will Hurt Consumers

    US exports of goods to China amounted to $129.89 billion in 2017, an increase of 577 percent from $19.18 billion in 2001. China's state media has portrayed the trade war as a USA effort to constrict China's economic and technological rise.
    DeChambeau struggles in first round of Tour Championship

    DeChambeau struggles in first round of Tour Championship

    Tiger Woods shot a five-under 65 in the opening round at East Lake, sitting in a tie for the lead with Rickie Fowler . We hope he continues to play well. "I felt in control".
    What Bill Cosby and Brett Kavanaugh Mean to #MeToo This Week

    What Bill Cosby and Brett Kavanaugh Mean to #MeToo This Week

    Andrea Constand was one of the only women Cosby assaulted within the statue of limitations, so her case was used to take him down. Bill Cosby has arrived at court to face the prospect of spending the rest of his life in jail for drugging and molesting a woman.
  • Michael Kors set to snap up Italy's Versace

    Michael Kors set to snap up Italy's Versace

    The company had been working toward an initial public offering, though market conditions haven't allowed it to move ahead. Givi in turn is half-owned by Allegra Versace Beck, daughter of Donatella and niece of late founder Gianni.
    Liverpool's Mohamed Salah wins Federation Internationale de Football Association  goal of the year award

    Liverpool's Mohamed Salah wins Federation Internationale de Football Association goal of the year award

    He wasn't in attendance to collect his award but Cristiano Ronaldo leads the line up top and completes a quite incredible side. The reigning champions on Wednesday will face Bologna in their Italian Serie A match.
    Attorney General Rod Rosenstein resigns before Trump can fire him

    Attorney General Rod Rosenstein resigns before Trump can fire him

    Rosenstein's ouster could imperil Robert Mueller's investigation into Russian collusion in the 2016 election. A new report suggests that President Trump is going to fire Deputy Attorney General Rod Rosenstein .


Most liked

Trump blasts Iran, China in fiery UN Security Council meeting
The official topic of the gathering is billed as the "non-proliferation of weapons of mass destruction". In his address past year to the UN, Trump insulted Kim as a "rocket man" bent on nuclear destruction.

Brent crude falls to $82 per barrel
With the US sanctions on Iran taking full effect in early November, the $100-oil scenario could be becoming more realistic. They have reportedly been discussing raising output by half a million barrels a day to counter falling supply from Iran .

What Time Does the Kavanaugh-Ford Hearing Start?
Kavanaugh has denied Ford's accusation and his attorneys are expected to reinforce his claim he did not attend the party. He also suggested that he was working with the Senate Judiciary Committee to determine the appropriate way to proceed.

Jurgen Klopp: don’t forget Chelsea in Premier League title race
Klopp admits it could take six months for the holding midfielder to "really make the next step" at Anfield and adapt to their brand of football. "That's it, nothing else".

Iran Mourns Victims Of Military Parade Attack, Warns Of 'Devastating' Response
He also said USA sanctions against Iran were illegal and President Donald Trump was using them as a tool for "personal revenge". A general view shows an attack on a military parade in Ahvaz, Iran , in this September 22, 2018 photo by ISNA.

Garoppolo leaves 49ers game against Chiefs on cart with apparent knee injury
Coach Kyle Shanahan said the team is fearing an ACL tear. "We'll find out tomorrow". "I feel bad for him", Brady said. To add insult to injury, Garoppolo took a vicious hit immediately after the apparent knee injury.

US warns Russia over missile defense for Syria
According to the Syrian president's office, Putin told Assad the blame for the plane incident lay squarely with Israel. Russian Federation already has its own S-300 air defense system in Syria, along with the more advanced S-400 system.

Chelsea drop first points with 0-0 draw at West Ham
Although both games were notable for Chelsea squandering chances to score, the debates about misfiring strikers are not new. Had West Ham's finishing been more clinical they might have won the game.

Tiger Woods in numbers: Key stats from Tour Championship victory
But by the end of the tournament, Woods' odds had been trimmed to 9-1, ahead of Spieth's, at the Westgate SuperBook in Las Vegas. I've had hot weeks and you win, but - you can be in the midst of average play, but this comes through consistency for me.

Gronk nearly dealt to Lions at draft
Through three games, the Brady-Gronkowski connection has seen No. 87 total 13 catches for 189 yards and a touchdown. The Patriots displayed none of the urgency they maintained they needed all week after losing in Jacksonville.

Tiger Woods on brink of breaking title drought at Tour Championship
He was hitting good shots and making the conversion putts. "All I can do is worry about myself", said McIlroy. Woods is 53-4 on the PGA Tour when he holds at least a share of the 54-hole lead.

Callaway to fill Gordon's role with Browns
He played in five games the following season, but missed all of 2015 due to suspension, and elected to sit out in 2016. Gordon's tantalizing talent had caused the Browns to hang onto him while he dealt with drug and alcohol dependence.

Saudis indicate comfort with higher oil prices
Distillate fuel inventories increased 0.8 million barrels last week, 0.9 percent above the levels of the same week a year ago . Net U.S. crude imports fell last week by 106,000 barrels per day, as exports jumped over 500,000 bpd to 2.4 million bpd.

China's premier appeals for free trade amid tariff battle
I don't think China is winning this, and I don't think we've felt the costs yet, but it will start soon enough...or imminent". President Donald Trump is ready to up the ante, threatening to tax just about everything China ships to the United States.

Defence Ministry counters ex-French President Hollandes claim on Rafale
The Congress-led UPA government had planned to buy 126 jets in accordance with the urgent requirement of the Air Force. He also said that the PM has dishounered the martyred soldiers and has shamefully betrayed "India's soul".