Trump believes Canada is ripping off the U.S. and if a deal can’t be reached, he’ll apply a 20 percent tariff on cars. “In some countries, including Canada, a tax on cars would be the ruination of the country. That’s how big it is. The ruination of the country,” he said. “NAFTA has been the worst trade deal ever.”
“We are engaged in an exercise to try to save the best of NAFTA and that’s kind of unfortunate, but everybody knows what we are facing in the White House these days,” said John Manley, president of the Business Council of Canada and a former federal cabinet minister.
Read the article at The Detroit News.