Mexico expects NAFTA talks by late August: economy minister

5/16/2017 Reuters

NAFTA_logoMexican Economy Minister Ildefonso Guajardo said on Tuesday he expects U.S. President Donald Trump’s administration to tell Congress early next week of plans to renegotiate the North American Free Trade Agreement, a move that would produce talks by late August.

Guajardo said he would have more information after meeting with U.S. Trade Representative Robert Lighthizer in Vietnam on Thursday as part of Asia-Pacific Economic Cooperation meetings.

During the 2016 U.S. election campaign, Trump vowed to scrap the 1994 deal between the United States, Canada and Mexico if he cannot adjust it to benefit U.S. interests.

“Probably the notification will be sent to Congress by the U.S. executive at some time early next week,” Guajardo told Mexican media on Tuesday a day after meetings in Washington with U.S. Commerce Secretary Wilbur Ross and other U.S. officials.

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