SNAPSHOTS

U.S., Mexico: Trade Deal to Replace NAFTA Faces High Hurdles

Aug 27, 2018 | 21:00 GMT

(Stratfor)

During a televised discussion with Mexican President Enrique Pena Nieto on Aug. 27, U.S. President Donald Trump announced that the two countries had reached a preliminary deal to solve their bilateral disagreements in the ongoing NAFTA negotiations. Trump also claimed that he would withdraw from NAFTA, replace it with the bilateral agreement with Mexico and later add Canada to the deal. U.S. Trade Representative Robert Lighthizer will notify Congress on Aug. 31 of the Trump administration’s intent to negotiate a bilateral deal with Mexico should Canada decide to not join the talks. Canadian Minister of Foreign Affairs Chrystia Freeland will travel to Washington on Aug. 28 to discuss NAFTA with U.S. officials....

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