U.S. Won’t Wait for Canada on New NAFTA Deal, Says Trade Chief

Posted September 25, 2018

Under Economic Issues, International Trade Issues

(Jeanna Smialek & Jenny Leonard – Bloomberg)

The U.S. is moving forward on its bilateral trade deal with Mexico by month-end even if Canada is left out because negotiators can’t resolve their sharp differences over dairy and a dispute resolution system, U.S. Trade Representative Robert Lighthizer said.

The Trump administration soon plans to present to Congress a text of the U.S.-Mexico trade agreement that was announced last month to revise portions of the North American Free Trade Agreement, Lighthizer said at an event in New York on Tuesday.

The timeline is important because current Mexican President Enrique Pena Nieto wants to sign the deal before he’s succeeded by Andres Manuel Lopez Obrador in December, Lighthizer said. Click here to read more.