US and Mexican negotiators will resume talks next week on the update of the North American Free Trade Agreement, Mexico’s Economy Minister Ildefonso Guajardo said on Friday August 10.
At the close of the third consecutive week of discussions in Washington, Guajardo said a deal was still possible by the end of the month.
However, he acknowledged: “We still have a lot of work to do.”
Guajardo stressed that the most difficult issues had been left to the end, including the US demand that NAFTA be approved every five years, a provision known as a sunset clause.
“We are working like we’ve been doing for the last three weeks and making a lot of advancements. We are coming back next week,” he told reporters.
“But as I said before: nothing is closed until everything is closed.”
US President Donald Trump tweeted that a “deal with Mexico is coming along nicely,” emphasizing that “autoworkers and farmers must be taken care of or there will be no deal.”
“New President of Mexico has been an absolute gentleman,” he said, referring to leftist Andres Manuel Lopez Obrador, set to take over later this year.
But he reiterated his threat that tariffs on auto imports could be in store for the US neighbor to the north: “Canada must wait. Their Tariffs and Trade Barriers are far too high. Will tax cars if we can’t make a deal!”
Canada’s foreign minister recently said the country is ready to resume NAFTA talks “as quickly and intensively as possible.”
US and Mexican officials will continue to work on bilateral issues before their Canadian counterparts rejoin the discussions on modernizing the 24-year-old trade deal, Guajardo said Friday.
Trump demanded NAFTA be renegotiated after repeatedly criticizing the 24-year-old pact as a “terrible deal.”
Officials now are rushing to conclude the talks before Mexico’s Lopez Obrador takes office on December 1.
more recommended stories
Yucatan Government announces relocation project of Mérida airport
Mérida, Yucatán, (July 27, 2021).- The.
Highway construction threatens mangrove forests in the Yucatan Peninsula
MÉRIDA, YUCATAN.- The Yucatán Peninsula concentrates.
Mexican priest is accused of rape and pederasty committed in 2002, he currently officiates in CDMX
MEXICO CITY, MX.- Although 19 years.
Violent eviction triggers confrontation between police and ‘squatters’ in Tulum (Video)
Tulum, Quibatana Roo, (July 27, 2021).
Over 300 tourists arrive at the beaches of Progreso with the first cruise ship of the year
Mérida, Yucatán.- This Monday, July 26th,.
Saline solution vaccines in Chiapas
CHIAPAS, MX.- An alleged doctor accused.
Campeche businesses ask for more customer service hours
CAMPECHE, (July 27, 2021).- The new.
The coveted 300 hectares of Chapingo University trapped in the middle of Northern Mérida’s real estate growth
Mérida, Yucatán, (July 27, 2021).- Given.
AMLO confirms the creation of a new government-owned Mexican airline
This Monday, July 26, President Andres.
Warm weather and scattered showers expected in Merida this Tuesday, July 27
Tropical wave approaches the Peninsula Mérida,.