Mexican Counteroffer Marks Tit-for-Tat Turn in Nafta Talks
- Mexico proposes limiting access to government contracts
- U.S. has proposed its own curbs on procurement market
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Mexico is proposing to limit access to government contracts for U.S. firms in a sign that America’s Nafta partners are willing to strike back against what they see as hardline proposals by the Trump administration.
Mexican negotiators are seeking to cap the value of procurement-tenders awarded to American companies to the same amount that Mexican firms get in the U.S. Since American firms do more procurement business in Mexico than vice versa, it would mean less business for U.S. companies, said a person familiar with discussions who spoke on condition of anonymity.