Posts Tagged ‘NAFTA renegotiation in Mexico City’

Difficult NAFTA Talks Resuming After ‘Impasse’

Talks resuming after Trump tells Asia he favors bilateral agreements.

by on Nov.14, 2017

U.S. Trade Representative Robert Lighthizer complained that officials from Mexico and Canada are reneging on parts of the deal already agreed to by all sides.

Trade representatives from the U.S., Canada and Mexico are scheduled to meet in Mexico City for another round of negotiations to update the North American Free Trade Agreement.

Last month’s discussions ended in what was described as an “impasse” that left the fate of the agreement on potentially shaky ground. Meanwhile, President Donald Trump has used his just-ended Asian tour to talk about his dislike of multilateral trade deals.

News on NAFTA!

Instead, as he traveled through Asia, Trump has talked up his preference for bilateral trade deals with trading partners, such as Japan. (more…)