Mar 5, 2018 - Economy

Trump tweets NAFTA demands to Canada and Mexico

President Trump signaled in a Monday morning tweet that he is open to axing his newly announced tariffs on steel and aluminum if the U.S. successfully negotiates a new NAFTA deal with Mexico and Canada.

Quick fact check: Trump said the U.S. has large trade deficits with both Canada and Mexico, but the trade of U.S. goods and services with Canada in 2016 (the most recent year listed) was actually a trade surplus of $12.5 billion. [Go deeper: The effect of Trump's tariffs; Trump fudges NAFTA trade facts]

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