Mexico trade adviser sees NAFTA deal in next few months

Mexico trade adviser sees NAFTA deal in next few months

But both men say they had a positive phone call the day after Mexico's July 1 election, and Lopez Obrador has invited Trump to his inauguration.

Led by Mexico, major Latin American nations pledged to deepen commercial and economic ties on Tuesday as they sought to counter the risk of a deepening trade war sparked by U.S. President Donald Trump's "America First" policy.

NAFTA talks are scheduled to resume Thursday between Canada, Mexico and the U.S. NY time. The Mexican foreign ministry on Saturday said that Jesus Seade, named by Lopez Obrador as his chief NAFTA negotiator, will join the team on its trip to Washington.

On Wednesday, Lopez Obrador will meet with Canadian Foreign Minister Chrystia Freeland in his transition offices. Seade said in an interview last month that he sees a deal as possible before the USA congressional election, and that the incoming president's team fundamentally agrees with the nation's current negotiating positions, reports Bloomberg.

This is an all hands on deck approach’ Trudeau responds to Harper’s comments on NAFTA strategy
This is an all hands on deck approach’ Trudeau responds to Harper’s comments on NAFTA strategy

"Mexico has always been a country committed to openness and integration and I believe that this will be maintained", he said. The U.S.is angling for higher North American content in vehicles and for production to favor jurisdictions that pay more than $16 an hour, which is over five times the hourly wage for most Mexican auto workers. The United States refused to grant this during talks this spring and this greatly contributed to stalling talks, the official said.

In his own missive, the incoming president said Mexico wants ties founded on "respect, friendship and focused on development cooperation", and said that the more Mexico gets developed, the fewer people will have to leave the country in search of work. According to the report, as a result of the administration's tariffs, $11 million in New Hampshire exports to Canada are targeted for retaliation, and close to $1 million in exports to Mexico are targeted for retaliation.

The Canadian official revealed that the Trump administration has previously tried to put pressure on Canada over NAFTA by claiming to have reached a deal with Mexico. Data from the International Trade Administration indicates some 10.7 million American jobs are supported by goods and services exports, and it is doubtless that tens of thousands of New England jobs rely upon trade with Canada and Mexico.

"That change in Mexico presents us with the opportunity to restart those discussions".

Carmelo Anthony Agrees To One-Year, $2.4M Deal With Rockets
Anthony will clear waivers 48 hours after Atlanta formally lets him go, enabling him to then sign with the team of his choice. He is expected to receive a one-year deal from the Rockets at the league's veteran minimum salary of $2.4 million.

Related Articles

  • Trump to Provide $12 Billion in Aid to Farmers. Critics Cry ‘Welfare!’

    Trump to Provide $12 Billion in Aid to Farmers. Critics Cry ‘Welfare!’

    Those affected economies have in turn targeted U.S. agricultural products, including soybeans, dairy, meat, produce and liquor. The bailout plan comes just as voters in several farm states are preparing to cast votes in the midterm elections.
    Four Premier League stars on shortlist for FIFA 'Best' award

    Four Premier League stars on shortlist for FIFA 'Best' award

    Players, coaches, fans, and media will vote on the award and the final three-man shortlist will be announced in September. He's joined on the shortlist alongside Atletico Madrid's Diego Simeone and former Real Madrid coach Zinedine Zidane .
    Turkey: Ex-footballer, lawmaker supports Mesut Ozil

    Turkey: Ex-footballer, lawmaker supports Mesut Ozil

    The players did meet the German FA president to explain the image, although Ozil had not issued a public statement on the matter until Sunday.
  • Amber heatwave alert for Surrey and Hampshire

    Amber heatwave alert for Surrey and Hampshire

    It has warned people in Reading , Berkshire and the south east to stay out of the sun and keep their homes as cool as possible. It's not just the United Kingdom that has been treated to some record breaking temperatures this summer.
    Alleged spy told Senate panel about backing from Russian billionaire

    Alleged spy told Senate panel about backing from Russian billionaire

    The Russian gun rights activist faces the charges of conspiracy for conducting activities in the interests of a foreign state. A USA judge on Wednesday jailed Butina until her trial, after prosecutors argued she has links to Russian intelligence.
    Canada: At least one dead, 14 injured in Toronto shooting

    Canada: At least one dead, 14 injured in Toronto shooting

    The move helped police get to the scene on time and respond to the incident at the earliest, police said at the press briefing. People leave an area taped off by the police near the scene of a mass shooting in Toronto , Canada, July 22, 2018.
  • Trump says 'too bad' after Cohen audio recording released

    Trump says 'too bad' after Cohen audio recording released

    Common Cause says the tape bolstered their argument that Trump knew about the payment and that it was potentially illegal. The recording proves that President Trump had knowledge of a proposal to buy the rights to the story of Karen McDougal .
    Trump Suggests Cutting All Tariffs Ahead of Key Meeting With EU

    Trump Suggests Cutting All Tariffs Ahead of Key Meeting With EU

    Trump has accused the European Union of unfair trade practices and has threatened to raise tariffs on cars imported from the bloc. The end result will be worth it!" The program is expected to start taking effect around Labor Day in the USA on September 3.
    Julian Assange Could Be Turned Over To U.K. Authorities Soon

    Julian Assange Could Be Turned Over To U.K. Authorities Soon

    Assange would be well protected before his trial and in prison, where he would be likely to serve many years for his crimes. Greenwald is best-known for publishing whistleblower Edward Snowden's revelations about the US National Security Agency.
  • Quintana wins most feared 17th stage, Thomas solidifies Tour lead

    Quintana wins most feared 17th stage, Thomas solidifies Tour lead

    Philippe Gilbert of Belgium receives care during the 16th stage of the Tour de France . "I knew the course". Sagan made it to the finish with his jersey torn and said he had only injured his backside.
    27-year-old man sought in deadly stabbing at BART station

    27-year-old man sought in deadly stabbing at BART station

    A review of security camera video from the station showed a man punch Stevens in the side of head, Rojas told the station. The march continued into the night with demonstrators hanging up a large banner that read "Bay Area Stands Against Hate".
    Asian shares dip, drama in Japanese bond market

    Asian shares dip, drama in Japanese bond market

    The Shanghai Composite index was 1.6 percent higher at the midday break and the blue-chip CSI300 index gained 1.7 percent. Reactions in financial markets were widespread , as US Dollar related assets pinballed in line with the greenback.