Mexico accepts inclusion of automotive wages in NAFTA talks

Mexico accepts inclusion of automotive wages in NAFTA talks

Mexico accepts inclusion of automotive wages in NAFTA talks

Guajardo, who has said in recent days he thought the outline of a deal could be agreed in August, is due in Washington to talk with U.S. Trade Representative Robert Lighthizer on Thursday.

The Canadian negotiating team, led by Foreign Minister Chrystia Freeland, has been told that Lighthizer is focusing on negotiations with Mexico and isn't interested in engaging with Canada at the moment, according to the people, who asked not to be named discussing private conversations.

The United States and Mexico "are getting close" to a deal on the key issue of autos content rules at talks to renew the NAFTA trade pact, a senior Mexican official said on Wednesday.

While Trump in the past year repeatedly talked about how hard Canada and Mexico have been since negotiations began last August, he has had more positive things to say about Mexico recently.

Trump has threatened to impose sweeping new tariffs on imported vehicles in a possible attempt to pressure Mexico and Canada into striking a deal that would help drive manufacturing jobs back to the U.S.

Although the three nations remain far apart on a few major points, Trump said earlier this month he's heading toward a "dramatic" deal with Mexico and that he may prioritize a bilateral deal with America's southern neighbour over Canada.

There are signs Mexico has shown some flexibility since it offered in May to raise the content requirement to 70 percent from a current 62.5 percent. Mexico is also insisting it will not agree to terms with the US that it does not expect Canada to accept, these sources said. The United States is asking for the threshold to be 75 percent.

Dam failure could flood Lynchburg with 17 feet of water
The Lynchburg Sheriff's Office has opened an area auditorium for evacuees - including pets - to spend the night. If a complete failure of the dam occurs, the water depth at Lynchburg could exceed 17 feet in 7 minutes .

The 2 sides have exchanged new proposals for the auto industry. They also met face to face last week.

Bloomberg on Tuesday reported the USA and Mexico were in final stages of negotiating a deal on auto rules, saying the two sides had exchanged new proposals.

A pragmatic approach might involve Canada unilaterally implementing initiatives that enhance the likelihood of a successful bilateral trade agreement if the trilateral NAFTA negotiations fail, while also making economic sense in their own right. -Mexican meetings on NAFTA.

Last week, Lighthizer told a U.S. Senate panel that it wasn't "unreasonable" for an updated NAFTA deal to be concluded by the end of August.

Ditching the trilateral negotiations to strike a separate deal with the US would undermine Canada's principled position in support of multilateralism.

"Mexico is, intellectually, the more complicated of the two; so if we can solve that, we should be able to fill in with Canada", Ross said during an appearance at the U.S. Chamber of Commerce's Indo-Pacific Business Forum.

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