US trade rep - US tariffs are an incentive to Canada & Mexico to conclude NAFTA

US trade envoy Lghthizer

• Says tariffs on steel, aluminum is an 'incentive' for Canada and Mexico to conclude Nafta agreement
• Says Trump's tariff announcement is a 'coincidence of timing' and should not affect speed or timing of Nafta talks
• Says tariff exemptions will apply to Canada and Mexico after Nafta deal is reached
• Says making more headway with Mexico than Canada in Nafta negotiations
• Says still aiming for trilateral Nafta agreement

Headlines via Reuters

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This:

• tariff exemptions will apply to Canada and Mexico after Nafta deal is reached

should spur talk on and should be a positive for CAD and MXN