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NAFTA Talks Threatened Over U.S. Auto Rules
USAgNet - 11/21/2017

Divisions over updating the NAFTA trade deal showed no sign of easing on Sunday as Mexico and Canada signaled they would not offer counterproposals to U.S. demands for far stronger automotive content rules, people with knowledge of the talks said.

The lack of movement on major issues such as autos rules of origin could put the North American Free Trade Agreement negotiations in danger of grinding to a stalemate as an early 2018 deadline for revising the pact approaches, reports Reuters.

A source close to the negotiations said Mexico had serious problems with a number of U.S. proposals, including Washington's demand that regional content for autos be raised to 85 percent from 62.5 percent, with 50 percent coming from the United States.

The source also said that Mexico could not accept a U.S. proposal that would restrict imports of some Mexican produce at certain times to protect growers.

Mexico does not plan to make counterproposals in those areas, the source said, adding that the U.S. autos proposal was unviable and would make the region less competitive.

A Canadian source with knowledge of the negotiations said Canada also intended to refrain from offering an autos counterproposal and instead make a presentation on Monday arguing that the U.S. demands would cause serious damage to both U.S. and North American automotive manufacturing.


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