Trump hints at making ‘a big trade agreement with Mexico’

Trump hints at making ‘a big trade agreement with Mexico’
© Getty

President TrumpDonald John TrumpAverage tax refunds down double-digits, IRS data shows White House warns Maduro as Venezuela orders partial closure of border with Colombia Trump administration directs 1,000 more troops to Mexican border MORE indicated Saturday that a major trade agreement with Mexico could be on the horizon after weeks of negotiations between the two nations over tariffs and trade policy.

The president wrote in a tweet Saturday morning that a "big Trade Agreement with Mexico could be happening soon," adding that his administration's relationship with Mexico's new left-wing president is "getting closer by the hour."


"Our relationship with Mexico is getting closer by the hour. Some really good people within both the new and old government, and all working closely together ... A big Trade Agreement with Mexico could be happening soon!" he wrote.

Trump has threatened to withdraw from the North American Free Trade Agreement and the U.S. and Mexico have been negotiating the deal for weeks. Trump’s proposed foreign auto tariffs are reportedly a sticking point in talks.

The latest tweet comes after the two countries have traded several rounds of tariffs on both agricultural and manufacturing products totaling in the billions of dollars.

Some business leaders have blamed the Trump administration's trade policies for forcing them to move production to Mexico, as well as other countries, despite the president's urging that tariffs will be beneficial to the U.S. in the long run.

The Trump administration's tariffs on steel and aluminum from countries such as Mexico, Canada and countries in the European Union have also driven a wedge between the U.S. and top allies in recent months, and has sparked direct criticism from leaders such as Canadian Prime Minister Justin Trudeau.

"Let me be clear: These tariffs are totally unacceptable," Trudeau said in May. "Canadians have served alongside Americans in two world wars and in Korea. From the beaches of Normandy to the mountains of Afghanistan, we have fought and died together."