A 30-day waiver expected for Canada and Mexico
Reuters reported yesterday that Canada and Mexico will be given a 30-day waiver on steel and aluminum tariffs that could be extended based on the progress of NAFTA talks. They cited a White House official.
Mexico's Economy Minister Ildefonso Guajardo said the threat won't add additional pressure.
"This has nothing to do with the [NAFTA] negotiations," Guajardo told Reuters on the sidelines of the signing ceremony for an Asia-Pacific trade agreement in Santiago. "Under no circumstance will we be subject to any type of pressure."
Guajardo said Mexico was willing to spend "as much time as necessary" to resolve NAFTA negotiations successfully.
"Mexico will not be leaving the treaty," Guajardo said. "NAFTA exists between three countries. The others are deciding whether they stay or leave, not Mexico."
