Another deadline on NAFTA talks has almost come and gone and still no deal has been reached. U.S. lawmakers suggested in July that a deal had to be done by the end of August to be presented to Congress by December, while the current House of Representatives is still in office. But just because talks seem to be dragging on doesn’t mean progress hasn’t been made.
The U.S. and Mexico appear to be inching closer to an agreement on the auto sector – a major sticking point for all three parties. Canada’s absence from auto talks over the past month has led some to speculate that Washington may actually be seeking separate bilateral deals with Mexico and Canada. U.S. President Donald Trump even suggested in June he might favor separate agreements over a trilateral deal. But it’s not uncommon in multilateral trade negotiations for parties with specific sticking points to break off and iron out their issues separately. The level of trade between Mexico and Canada is fairly low compa
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