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Mexico fears for new US trade deal

Friday, May 3, 2019

Mexico will be unable to ratify a new North American trade deal unless the US scraps the steel and aluminum tariffs it imposed last year, the country’s top North American trade official has said.

Without removal of tariffs “it may be inevitable to delay” ratification of an accord that would replace Nafta, said Jesús Seade, North America undersecretary at the Mexican foreign ministry, the Financial Times reports.