Trump: NAFTA Trade Agreement With Mexico ‘Looking Good’
NEWS Feeds

Trump: NAFTA Trade Agreement With Mexico ‘Looking Good’

America's Voice Admin
August 27, 2018

Trump: NAFTA Trade Agreement With Mexico 'Looking Good'

United States Trade Representative Robert Lighthizer (L) and Mexican Secretary of Economy Idelfonso Guajardo (R) walk to the White House on Aug. 27, 2018.
United States Trade Representative Robert Lighthizer (L) and Mexican Secretary of Economy Idelfonso Guajardo (R) walk to the White House on Aug. 27, 2018.

President Donald Trump says the prospects are "looking good" for an agreement with Mexico that could set the stage for an overhaul of the North American Free Trade Agreement.

"A big deal looking good with Mexico!" Trump tweeted Monday morning.

U.S. and Mexican negotiators worked over the weekend to narrow their differences. Once they reach an agreement, the third country in NAFTA — Canada — would be brought back in to finalize a revamp of the 24-year-old pact.

NAFTA reduced most trade barriers between the three countries. But Trump and other critics say it encouraged U.S. manufacturers to move south of the border to exploit low-wage Mexican labor.

The Trump administration wants a higher percentage of auto production to come from within the NAFTA bloc before qualifying for duty-free status.

Original Article

Tags
US PoliticsUSAAmericasEconomy
Previous PostMacron says Brexit Cannot Divide EU, Criticizes Trump’s IsolationismMacron says Brexit Cannot Divide EU, Criticizes Trump’s Isolationism
Next PostSenator John McCain Praised OverseasSenator John McCain Praised Overseas