Mexico

“I think they ought to be able to close this out in the months ahead.”

President Trump on Saturday insisted that a new NAFTA would include a sunset provision but indicated that it could kick in after more than five years, while Canadian Prime Minister Justin Trudeau maintained that a sunset clause was off the table.

President Trump has proposed that the G7 countries eliminate all tariffs, non-tariff barriers and subsidies, he said at a leaders' summit in Canada on Saturday -- later condemning remarks made by Canadian Prime Minister Justin Trudeau as “dishonest” and “weak.”

The Trump administration will secure an agreement on NAFTA by July, Sen. Chuck Grassley (R-IA) said on Thursday.

The European Union plans to move forward with its full list of retaliatory tariffs in response to the U.S. Section 232 steel and aluminum duties, with the first phase of levies on roughly $3.3 billion of U.S. goods coming in July, the European Commission announced Wednesday.

White House economic adviser Larry Kudlow said on Tuesday that President Trump told him to announce a preference for separate trade deals with Canada and Mexico instead of a new NAFTA.

“We're going to straighten out trade. Trade is going to be easy.”

Industry and business groups have taken now-common sides for and against the Trump administration’s decision to impose Section 232 tariffs on steel and aluminum from Mexico, Canada and the European Union starting June 1, with downstream manufacturers and groups susceptible to retaliation expressing dismay with the decision while steelmakers praised the move.

The Commerce Department on Thursday announced it would end temporary exemptions from Section 232 tariffs on steel and aluminum granted to Canada, Mexico, and the European Union to expire, subjecting the countries to the duties as of June 1.