Mexican Media Brands
U.S. Hints of Possible NAFTA Deal with Mexico Next Month
U.S. Trade Representative Robert Lighthizer tells Congress that negotiators may reach an agreement with Mexico in August to update NAFTA.
#economics
Share
U.S. Trade Representative Robert Lighthizer tells Congress that negotiators may reach an agreement with Mexico in August to update the North American Free Trade Agreement.
Lighthizer says he is relatively confident about a deal with Mexico by then. But he complains that Canada could be a stumbling block because of what he considers that country’s resistance to compromise. He opines that an agreement next month with Mexico could coax Canada back into serious negotiations.
Mexico’s outgoing President Enrique Pena Nieto has said he hopes to sign a new NAFTA deal before he leaves office at the end of this year. That would require agreement soon, since U.S. trade law requires a three-month review before the participants can sign it.
RELATED CONTENT
-
On Global EV Sales, Lean and the Supply Chain & Dealing With Snow
The distribution of EVs and potential implications, why lean still matters even with supply chain issues, where there are the most industrial robots, a potential coming shortage that isn’t a microprocessor, mapping tech and obscured signs, and a look at the future
-
On The German Auto Industry
A look at several things that are going on in the German auto industry—from new vehicles to stamping to building electric vehicles.
-
Report Forecasts Huge Economic Upside for Self-Driving EVs
Widespread adoption of autonomous electric vehicles could provide $800 billion in annual social and economic benefits in the U.S. by 2050, according to a new report.