Mexican Opposition Vows Continuity on NAFTA Team, Lauds Minister

03/15/2018 The New York Times

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MEXICO CITY — A top official from the opposition party leading the race to win the Mexican presidency in July said on Thursday the party could keep Mexico’s chief NAFTA negotiator and other officials if talks to rework the trade deal extend into the next government.

Yeidckol Polevnsky, president of the National Regeneration Movement (MORENA) of leftist presidential front-runner Andres Manuel Lopez Obrador, also praised Economy Minister Ildefonso Guajardo, the chief NAFTA negotiator’s boss.

Mexico has been locked in talks with the United States and Canada since August to recast the 24-year-old North American Free Trade Agreement after U.S. President Donald Trump threatened to dump it if it was not changed to his liking.

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Next round of NAFTA talks could begin April 8 – Mexican minister

03/13/2018 Reuters

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MEXICO CITY (Reuters) – Mexico’s Economy Minister Ildefonso Guajardo said on Tuesday that the next round of talks between Mexico, the United States and Canada to renegotiate the North American Free Trade Agreement (NAFTA) is “tentatively” scheduled for April 8.

The next round of talks are due to be held in Washington, after negotiators wrapped up the seventh round in Mexico City earlier this month.

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Mexican minister ramps up pressure for speedy NAFTA deal

03/15/2018 Reuters

fonsoMexico’s economy minister on Thursday urged officials to push for a speedy renegotiation of the North American Free Trade Agreement (NAFTA), saying his country and Canada must be ready to go it alone if the United States pulls out.

Economy Minister Ildefonso Guajardo said if no deal to rework NAFTA could be struck by April 30, then the new political complexion of the region would cast doubt on how incoming lawmakers would view it in Mexico and the United States.

“The whole nature of the agreement would change,” Guajardo said at the World Economic Forum on Latin America in Sao Paulo. “You either get it done by the end of April or then it doesn’t matter: you can go until the end of the year.”

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Trudeau Offers to Pick Up Pace on Nafta Ahead of Mexico Election

03/15/2018 Bloomberg Quint

NAFTA_logoCanadian Prime Minister Justin Trudeau said he’s willing to accelerate Nafta talks to get ahead of U.S. and Mexico election pressures if needed, striking an upbeat tone on the fate of the trade pact.


Trudeau, speaking in an interview with Bloomberg Television’s Michael McKee, said he was “very optimistic we’re going to be able to get to a win-win-win” deal on Nafta, while downplaying the impact of talks on business investment.

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Q&A: Texas border towns hope NAFTA can be saved, revamped

03/14/2018 The Washington Post

naftaQ: How does NAFTA affect your district?

A: I represent 29 counties from San Antonio to El Paso: two time zones, 820 miles of the border with Mexico. It takes 10 hours to drive across my district at 80 miles an hour. It’s the size of Georgia. Border trade is important. NAFTA is important. You have manufacturing on both sides of the border. You have people who live on the U.S. side and work in Mexico. The amount of trade that traverses the land ports in my district is significant, and that has an impact on the local economy. Texas’ No. 1 trading partner is Mexico. So those relationships are important.

Q: Do people in your district want to keep NAFTA?

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Mexican Energy Minister Coldwell sees energy growth stronger with NAFTA

03/08/2018 CNBC

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Mexico’s Minister of Energy, Pedro Joaquín Coldwell, said North America’s energy trade would continue even if NAFTA is ended, but it will be more powerful if the free trade agreement is successfully revamped.

“I don’t think it would be threatened, but if it continues, it would enhance its growth,” he said. “I can say that the energy chapter in NAFTA is a chapter of coincidences among the three countries. There are conditions that make North America the most competitive region in the world.”

Coldwell said NAFTA is important for energy integration even though the crossborder connections were there long before the 1994 agreement. But since then, the energy relationship has boomed. There is an eighth round of negotiations expected in the efforts to revamp the North American Free Trade Agreement between the United States, Mexico and Canada.

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After Defeating Cohn, Trump’s Trade Warrior Is on the Rise Again

03/08/2018 Bloomberg

digital economyPresident Donald Trump’s nationalist trade adviser Peter Navarro has staged a startling comeback.

Last year he nearly disappeared from view when his small operation was subsumed under the White House’s National Economic Council, which was headed by his rival, Gary Cohn, the free-trader who was president of Goldman Sachs. Now, Cohn’s on his way out while the steel and aluminum tariffs that Navarro advocates are on the verge of becoming national policy.
And he might even take over Cohn’s job. It “absolutely” could happen, said Harry Kazianis, a friend of Navarro who is director of defense studies at the Center for the National Interest. “Trump’s going to look to Peter and say, ‘I know this guy. I can trust him.’”