Lighthizer hints Mexico pact may need to be reopened if delayed — NAFTA

Marco Green
September 25, 2018

Major disagreements remain over Canada's dairy management program, a dispute resolution process and the fate of USA tariffs on metals imports from Canada.

Lighthizer, speaking to the Concordia Summit in NY, said there was "some distance" between the United States and Canada on North American Free Trade Agreement issues, including dairy and trade dispute settlement.

However Lighthizer said today that if it's not done in time, then Lopez Obrador might want to renegotiate: "If we push it beyond that date then we have a new negotiation with Lopez Obrador and we don't know where that would go at all", he said.

The United States and Canada are divided over the best way to resolve trade disputes and on a USA demand for more access to Canada's protected dairy market.

He added: "We're sort of running out of time". Markets are nervous about the impact on a deal that underpins $1.2 trillion in annual trade. The two are in NY for a United Nations meeting but it is unclear whether they will meet. "I think there's a possibility there to build on what they agreed", Trudeau said when asked whether the U.S.

If the remaining gaps can not be bridged in the next few days, the administration will request congressional approval of a deal with Mexico only, Lighthizer said in NY at the Concordia summit, an annual conference on policy issues.

Canada has also made clear that the United States needs to withdraw the threat of auto tariffs for a deal to be possible, say officials.

Other reports by Click Lancashire

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