You are here: Home » International » News » Economy
Business Standard

US will agree to a fair deal, or none at all: Donald Trump on NAFTA

Trump said the US had been taken advantage of for many decades on trade. Those days are over, he added

Press Trust of India  |  Washington 

trump
US President Donald Trump | Photo: Reuters

US has said he would agree to a fair deal on the (NAFTA), which is currently being renegotiated with and Mexico, or there would be no deal at all.

In a statement issued yesterday, he said the US had been taken advantage of for many decades on trade. Those days are over, he added.

"This message was conveyed to Prime Minister of Canada: The United State will agree to a fair deal, or there will be no deal at all," the US said.

Earlier in the day, the Canadian prime minister accused US Vice Mike Pence for the collapse of the negotiations. Pence, according to him, demanded that any deal would automatically expire in five years.

"I had to highlight that there was no possibility of any Canadian prime minister signing a deal that included a five-year sunset clause, and obviously the visit didn't happen," Trudeau said.

According to The Washington Post, the tension between the two countries are likely to intensify in the coming days. Trump, Trudeau and several other world leaders are scheduled to meet next week in at a Group of Seven meeting, the daily said.

First Published: Fri, June 01 2018. 23:29 IST
RECOMMENDED FOR YOU