Mexico says 'very close' on NAFTA issues with the U.S.

‘Canada must wait’ on trade deal but agreement with Mexico coming along nicely, Trump tweets

Mexico's Economy Minister Ildefonso Guajardo said the country was getting close to overcoming sticking points with the United States over the renegotiation of the North American Free Trade Agreement (NAFTA).

Pompeo spoke with Videgaray on August 8 and the two leaders talked about the importance of reducing irregular migration through Mexico and the region and discussed the need for greater investment in Central America to address security, governance, and economic prosperity challenges, spokesperson Heather Nauert said. But he threatened with auto tariffs if the US and can't forge a deal.

At Trump's direction, the Commerce Department in May launched a probe into whether imports of cars, trucks and auto parts pose a national security risk, invoking the same 1962 trade law used to justify broad tariffs on steel and aluminum - including those imposed on Canada and Mexico.

Turkish lira plunges as Trump hits Ankara with increased tariffs
Washington "must give up the misguided notion that our relationship can be asymmetrical", he said in the opinion piece. On Friday, he said the country had to take steps in answer "to those who have waged an economic war against us".


U.S. President Donald Trump said on Friday that the United States and Mexico were making progress on a trade deal, and warned Canada he would tax their auto exports if an agreement can not be reached with Ottawa.

"Canada must wait", Trump tweeted.

Adam Austen, a spokesman for Canadian Foreign Minister Chrystia Freeland, who is leading NAFTA trade talks for Canada, said the minister was in regular contact with her Mexican and USA counterparts. "We'll keep standing up for Canadian interests as we work toward a modernized trilateral NAFTA agreement".

Koepka leads from Scott, Rahm poised to challenge
Woods slid his lag putt by the hole, then missed a short comeback putt for par. "Got off to a hot start", Koepka said. Koepka closed with a two-shot lead over Adam Scott , with three more players at 9 under separating Koepka from Woods.


A US-proposed so-called sunset clause that would kill a NAFTA deal unless it is renegotiated every five years has been another major stumbling block in the talks.

United States and Mexican officials will continue to work on bilateral issues before their Canadian counterparts rejoin the discussions on modernizing the 24-year-old trade deal, Guajardo said Friday.

Asked about the discussion on autos on his way out of Lighthizer's office, Guajardo said "we are doing our best to do it as fast as possible", adding that he would remain in Washington on Friday. "New President of Mexico has been an absolute gentleman", read the tweet.

Ikea India launches with Hyderabad megastore
According to the company 936 million customers visited its stores in FY17 and more than 2.3 billion people visited IKEA online. The traffic jam in Hyderabad was so huge that people started talking about it on Twitter and shared photos of the jam.


Related news:

Hot News

isis-killer-beheading-video-story-top Spurs boss Pochettino reacts to Rose axing
Aug 13, 2018 - 04:03
For only the second time in Premier League history, Newcastle haven't named a debutant in their starting XI on the opening day. Newcastle immediately responded when Joselu headed in the equalizer just two minutes later.

isis-killer-beheading-video-story-top Simona Halep powered into the final of the Rogers Cup in Montreal
Aug 13, 2018 - 04:01
Halep played four matches in three days after a night session was postponed because of rain. Stephens went up on two Halep double faults, but the Romanian stormed back to take the set.

isis-killer-beheading-video-story-top I saw Donald Trump being racist many times, ex-aide claims
Aug 13, 2018 - 02:54
She writes, "I would look like the biggest imbecile alive for supporting a man who used that word". Newman met Trump in 2004, when she was a contestant on the first season of The Apprentice .

isis-killer-beheading-video-story-top McDonald's McGold Card Entitles Winner To Free Food For Life
Aug 13, 2018 - 02:36
The contest is similar to one run by coffee chain Starbucks, which was called Starbucks for Life, only not as generous. For five decades, McDonald's has handed out only a few of the so-called mythical "McGold" cards.

isis-killer-beheading-video-story-top Oscars move to honour 'popular' movies sparks swift backlash
Aug 13, 2018 - 02:34
The Academy Awards have also marked an earlier airdate for the 2020 ceremony - February 9. Then, they suggested fixes including adding the popular film category.

isis-killer-beheading-video-story-top Jürgen Klopp: Liverpool can not be anything but the challenger
Aug 13, 2018 - 02:31
Bring the likes of Adam Lallana and Alex Oxlade-Chamberlain into the equation as well and you get the full picture. He will certainly have more hard games than this, but this was an encouraging start for the 23-year-old.

isis-killer-beheading-video-story-top Trump's Supreme Court nominee to have confirmation hearing September 4
Aug 13, 2018 - 02:15
Democrats argue that it is a "mad rush" while Republicans are saying it is time to get on with the process. Opening statements will be made on the first day, with questioning starting on Wednesday, September 5.

isis-killer-beheading-video-story-top Cristiano Ronaldo scores in Juventus v Juventus B match
Aug 13, 2018 - 02:00
Ronaldo and Juan Cuadrado were then frustrated in front of goal, but Dybala took advantage of their misses to convert for Juve's fourth on 40 minutes.

isis-killer-beheading-video-story-top Silva: I knew Richarlison could play well for Everton
Aug 12, 2018 - 15:30
They spent more money than us, so in the Premier League we must get used to teams with players of the same quality that we have. Despite being down to ten men, the Blues came out of the half-time the better of the two sides and regained their lead.

isis-killer-beheading-video-story-top Pak govt will build balanced, trust-based relationship with US: Imran Khan
Aug 12, 2018 - 15:08
Moreover, he said that PTI is determined to strengthen Pakistan's ties with the United States based on mutual trust. Khan retired from global cricket after captaining the national team to glory in the 1992 World Cup in Down Under.

isis-killer-beheading-video-story-top Family of man who stole, crashed plane in 'complete shock'
Aug 12, 2018 - 14:57
White House Press Secretary Sarah Huckabee Sanders said this morning that President Donald Trump is " monitoring the situation ". Video footage on social media showed a large plane flying above the Seattle area with a F-15 fighter jet following it.

isis-killer-beheading-video-story-top Harry Kane starts for Tottenham Hotspur against Newcastle United
Aug 12, 2018 - 14:20
MF Luke Amos , NR - Got his Premier League debut in the closing minutes and, though he had few touches, looked at home. Tottenham kick-off their 2018/19 campaign with a trip to St James' Park to take on Newcastle United at lunchtime.

isis-killer-beheading-video-story-top Jorginho, Sarri debut with easy Chelsea win
Aug 12, 2018 - 14:11
Chelsea were strong today, but I don't think we've shown too much respect. "It depends on me and the players". Maybe the performances in the first part of the season will not be in line with the potential of the squad.

isis-killer-beheading-video-story-top Next Round of Tariffs Set
Aug 12, 2018 - 13:50
The move will take effect immediately after the USA imposes tariffs on Chinese goods on the 23rd of this month. Wednesday's trade figures showing surging Chinese exports could give Beijing some confidence.

isis-killer-beheading-video-story-top Man City boss Guardiola raps media: More to Premier League than Liverpool!
Aug 12, 2018 - 13:25
Asked if the response showed he has created the ideal culture, the 46-year-old said: "Yes, of course - that's the dream". He was due to play against Chelsea in the club's penultimate pre-season friendly match but was injured in the warm-up.