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Mexico says US is dragging its feet on Nafta

Wednesday, April 19, 2017

The absence of a U.S. Trade Representative is delaying the start of Nafta negotiations with Mexico, a top official from the Latin American nation said.

Without the lead U.S. trade negotiator in place, Mexico doesn’t expect the White House to give Congress the 90 days of notice it needs to open formal talks on the North American Free Trade Agreement, Economy Minister Ildefonso Guajardo said Tuesday. Given the 90-day requirement, the nations have already missed the May start date originally outlined by Mexican Foreign Relations Minister Luis Videgaray.

Source: Bloomberg