Monday, August 20, 2018

NAFTA talks progressing


Mexico has dodged another bullet in its negotiations with the United States to reach a new North American Free Trade Agreement.

Apparently the United States has dropped its demand for seasonal protection from Mexican crop imports.

The direct talks have focussed on the automotive trade and there is reported agreement on a minimum Mexican wage of $16 US per hour.

However, sources say the U.S. also wants that to apply to auto workers employed by European companies, and Mexico is not willing to make that concession.

The news from the NAFTA negotiations is being reported by Reuters news agency.

U.S. President Donald Trump says once the talks with Mexico are finalized, attention will turn to Canada and sup;ly management for dairy and poultry farmers.