Trump’s Nafta Revamp Could Near Boiling Point at Mexico Election

3/9/2017 Bloomberg

cast vote mexicoPresident Donald Trump’s timetable to negotiate the North American Free Trade Agreement threatens to slip into an election year for Mexico, which could feel the economic impact of the uncertainty especially if the agreement starts disintegrating.

U.S. Commerce Secretary Wilbur Ross said Wednesday that the trade talks will probably begin in the latter part of 2017 and shouldn’t last much longer than a year. “I would like the results tomorrow, but that is not the way the world works,” Ross said in an interview with Bloomberg TV.

Even at that speed — and some observers warn the negotiations could take years — the uncertainty of Nafta’s fate will likely hang over the July 2018 presidential election in Mexico, the main target of U.S. complaints.

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