Article image US, Mexico NAFTA negotiators to resume talks next week: minister


On Wednesday, Breitbart reported that former New York Stock Exchange President Tom Farley said expected Trump to reach a trade deal with Mexico before the midterm elections and possibly with the European Union.

Asked as he arrived for Friday's talks in Washington if he could finish the US-Mexico issues on Friday, Guajardo said "I don't think today but we are very close".

These officials said U.S negotiators had essentially agreed that a new NAFTA trade deal would exempt existing Mexican auto plants from any "Section 232" tariffs that Trump may impose.

After a second day of meetings with US Trade Representative Robert Lighthizer in Washington, Guajardo said talks were "advancing" but that it was not clear how long it would take to settle US-Mexico issues before Canada would come back to talks.

United States and Mexican negotiators have made progress in narrowing differences on the update of the North American Free Trade Agreement, Mexico's Economy Minister Ildefonso Guajardo said Thursday.

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"Canada must wait", Trump tweeted. "Will tax cars if we can't make a deal!" he said.

Foreign Minister Luis Videgaray, who accompanied Guajardo, spoke to US Secretary of State Mike Pompeo on Wednesday and "discussed the importance of concluding a NAFTA agreement", according to a statement from the State Department.

Adam Austen, a spokesman for Canadian Foreign Minister Chrystia Freeland, who is leading NAFTA trade talks for Canada, said the minister was in regular contact with her Mexican and USA counterparts.

Guajardo said that once bilateral U.S. He described the newly elected Mexican president as "an absolute gentleman".

Trump demanded NAFTA be renegotiated after repeatedly criticizing the 24-year-old pact as a "terrible deal".