Mexican Media Brands
NAFTA Talks Get Another Extension
Trade talks between the U.S. and Mexico are expected to spill into next week over lingering issues about updating the North American Free Trade Agreement.
#economics
Share
Trade talks between the U.S. and Mexico are expected to spill into next week over lingering issues about updating the North American Free Trade Agreement.
Mexican Economy Minister Ildefonso Guijardo tells reporters his country won’t consider any deal complete until Canada, the third party in the current pact, also agrees.
Bloomberg News says remaining unresolved U.S. proposals include a clause that would require a review of a revised NAFTA in five years, a new dispute settlement mechanism and rules for government procurement. The news service says Mexico and the U.S. apparently resolved a U.S. demand for tougher local content rules.
Negotiators are trying to finalize a deal before Mexico’s new president, Andres Manuel Lopez Obrador, takes office at the end of the year. But Canadian Prime Minister Justin Trudeau cautions that Canada will back an agreement only if it’s a “good deal for Canadians.”
RELATED CONTENT
-
On Quantum Navigation, EVs, Auto Industry Sales and more
Sandia’s quantum navi, three things about EVs, transporting iron ore in an EV during the winter, going underwater in an EV (OK, it is a sub), state of the UK auto industry (sad), why the Big Three likes Big Vehicles, and the future of logistics.
-
On Urban Transport, the Jeep Grand Wagoneer, Lamborghini and more
Why electric pods may be the future of urban transport, the amazing Jeep Grand Wagoneer, Lamborghini is a green pioneer, LMC on capacity utilization, an aluminum study gives the nod to. . .aluminum, and why McLaren is working with TUMI.
-
On Headlights, Tesla's Autopilot, VW's Electric Activities and More
Seeing better when driving at night, understanding the limits of “Autopilot,” Volkswagen’s electric activities, and more.