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    Mnuchin: Tariffs Won’t Apply to Mexico, Canada if Nafta Is Reworked

    Treasury secretary tells Congress the administration is trying to balance protecting U.S. industries “with making sure we don’t do undue harm to the economy”

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    WASHINGTON—Treasury Secretary Steven Mnuchin told lawmakers Tuesday new tariffs on steel and aluminum wouldn’t apply to Canada and Mexico if the U.S. is able to successfully renegotiate the North American Free Trade Agreement.

    “To the extent that we’re successful in renegotiating Nafta, those tariffs won’t apply to Mexico and Canada,” Mr. Mnuchin said in response to questions at a House hearing Tuesday, echoing remarks President Donald Trump made on Twitter on Monday.

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