NAFTA Deal Won't Be Announced At Peru Summit This Week: Media Reports

Elias Hubbard
April 10, 2018

Mexico will review all cooperation with the United States, the government said on Monday, in a sign of President Enrique Pena Nieto's increasing frustration with his counterpart Donald Trump's treatment of the country.

White House spokeswoman Helen Aguirre Ferre said the US administration welcomed the review of cooperation and "continues to do the same with Mexico".

Ildefonso Guajardo said US negotiators were under pressure to strike a new deal by the first week of May in order to give US Congress members time to discuss a reworked North American Free Trade Agreement (NAFTA), given that the makeup of both chambers will change after US midterm elections in November.

Lopez Obrador, who's slammed Trump for his "campaign of hatred" against Mexican immigrants, found common ground on a topic that the USA has tried to insert into Nafta talks.

Trump also ordered the U.S. National Guard to be deployed along the border with Mexico to help halt illegal migration until his long-touted wall is built. However, the caravan quickly began dispersing when Mexican authorities moved in to register the migrants.

Talks to rework NAFTA are not advanced enough for the United States, Mexico and Canada to announce a deal "in principle" at this month's Summit of the Americas in Lima, according to media reports over the weekend.

Experts say the final deal could fix trade imbalances by boosting US production in auto parts, increasing the costs of Mexican labor, and bolstering USA exports into Canada and Mexico. The Mexican public is far more united in its antipathy toward Trump than it is in support of its own leading politicians.

The candidate of the ruling Institutional Revolutionary Party (PRI) is trailing third in most recent opinion polls. Cabinet ministers from the three nations met in Washington on Friday, with negotiations scheduled to continue at the technical level on Tuesday.

Other reports by Click Lancashire

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