Tuesday, 23 April, 2019

Mexico says working hard with U.S. on new NAFTA auto rules

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Ginger Lawrence | 13 August, 2018, 06:20

President Donald Trump says a trade deal with Mexico is "coming along nicely".

The steps to reach agreement could allow Canada to rejoin talks next week, he told reporters as he entered meetings for the second day with US Trade Representative Robert Lighthizer.

Francisco Cervantes spoke with Xinhua before departing for Washington to take part in the ongoing trade negotiations between Mexico, Canada and the United States.

The negotiations stalled due to Trump's favour for a sunset clause in U.S. trade agreements, requiring parties to renew them every five years.

Mexico and Washington have been discussing rules for the automotive sector, which has been a major point of contention between the two countries.

Guajardo said negotiators were leaving some issues for last and that the sunset clause, which was "highly complex", had not yet been touched.

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Asked if talks would conclude this week, Seade said: "We are advancing well, but there are a lot of things to review".

Administration officials and congressional aides have said the auto tariff probe, like the metals tariffs, in part is aimed at winning concessions during ongoing NAFTA renegotiation talks.

"It benefits the United States to continue being a major ally of Mexico, as a neighbor and as a regional economy, which combined makes us the most powerful in the world", he said.

Guajardo said that once bilateral U.S.

The U.S. leader also had kind words for incoming Mexican president Andres Manuel Lopez Obrador who takes office in December. "We'll keep standing up for Canadian interests as we work toward a modernized trilateral NAFTA agreement".