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US. and Mexico expect progress in NAFTA talks

24 Jul 2018 01:18 PM

US President Donald Trump spoke warmly about Mexico's incoming leftist president yesterday, saying he expected to get something about the NAFTA deal, while a senior Mexican official said there was scope for reviving trade talks this week.

Trump said the United States was talking to Mexico about the North American Free Trade Agreement (NAFTA). Trump believed something would be achieved, calling the Mexican president a wonderful person.

Talks are under way to rewrite the trade pact, which has been in place since 1994, but stopped in the run-up to the July 1 presidential election in Mexico, in which produced leftist Andres Manuel Lopez with landslide victory.

The United States, Mexico and Canada have been at odds over US claims to impose tougher rules on the auto industry as well as many other proposals. The Mexican economy minister is scheduled to hold talks with the US Trade representative at the end of the week in Washington in the hope of reaching a preliminary agreement on the NAFTA.