A NAFTA deal between the U.S. and Mexico is said to be near
ERIC MARTIN AND JENNIFER JACOBS
Bloomberg News
MEXICO CITY –– The U.S. and Mexico are close to resolving their differences on the North American Free Trade Agreement and may wrap up as soon as Monday, said three people familiar with the progress, clearing the way for Canada to possibly return to talks to update the three-nation trade deal.
The nations achieved significant breakthroughs in the past several days on the critical issues of automobiles and energy, according to the people, who spoke on the condition of anonymity. Talks are expected to continue Sunday.
President Donald Trump was optimistic Saturday, writing on Twitter that the U.S. could have a “big Trade Agreement” with its southern neighbor soon. The terms of any deal struck by U.S. Trade Representative Robert Lighthizer would need Mr. Trump’s approval.
It remains unclear how U.S. and Mexican negotiators would make public the completion of work on their issues, given that Mexican Economy Minister Ildefonso Guajardo has signaled that the nation won’t make an announcement on NAFTA until Canada also signs on to a new deal.
Read more: http://www.post-gazette.com/news/world/2018/08/26/A-NAFTA-deal-between-the-U-S-and-Mexico-is-said-to-be-near/stories/201808260218
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