Trump’s Hopes for Quick Nafta Deal Are Dimming
- No breakthrough on contentious files like autos, sunset clause
- U.S. Trade Representative warns of ‘lack of headway’’in talks
Nafta Talks Bogged Down as Canada, Mexico Hold Firm
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After three months of talks, the U.S., Canada and Mexico remain miles apart on a deal to update the region’s flagship trade pact.
The Nafta round ended Tuesday in Mexico City with negotiators failing to finalize new agreements on even minor sections of the pact. In some of his bluntest remarks since the talks began, U.S. Trade Representative Robert Lighthizer said Canada and Mexico aren’t “seriously” engaging on some key areas to overhaul Nafta. He made clear the U.S. won’t accept a deal that doesn’t shift trade flows in the U.S.’s favor.