Mexico and Canada try to overcome impasse in NAFTA talks


Mexico and Canada are planning to revise lesser  contentious chapters of the NAFTA trade deal with the United States , hoping to clear the path for a deal  on the toughest issues before upcoming elections.

Ranging from calls for major changes to automotive content rules and dispute resolution mechanisms, to imposing a clause that could automatically kill NAFTA after five years, the chief stumbling blocks laid by the White House look unlikely to be removed in the latest Mexico City round, officials said.

Trump has said it many times  that US would withdraw from NAFTA unless big changes are made to a pact he blames for U.S. manufacturing job losses.

“I think there’s going to be major progress on the technical issues and major obstacles on the critical issues,” Bosco de la Vega, head of the Mexico’s National Agricultural Council farm lobby, said of the talks running until March 5.

Continue reading “Mexico and Canada try to overcome impasse in NAFTA talks”