Mexico prepares for potential loss of Nafta amid gulf in talks
Mexico is increasing efforts to diversify its markets and introduce new investor protections as it prepares for the possibility that negotiations over the future of the North American Free Trade Agreement could break down.
Negotiators are increasingly concerned that they will not be able to bridge gulfs between the US and Mexico in the talks. Sticking points include Washington’s proposed “sunset clause” that would kill off the pact unless it is renegotiated every five years, and its demands for higher US content in regionally-made cars.
Source: Financial Times