Trump to inform Congress of NAFTA talks next week: Mexico

Reuters News
Posted: May 16, 2017 1:07 PM

MEXICO CITY (Reuters) - Mexican Economy Minister Ildefonso Guajardo said on Tuesday he expects the administration of U.S. President Donald Trump to notify Congress early next week of plans to renegotiate the North American Free Trade Agreement.

The move, which will start a 90-day countdown for talks, would be a step toward fulfilling a campaign promise by Trump who vowed to scrap the 1994 deal between the United States, Canada and Mexico if he cannot adjust it to benefit U.S. interests.

Guajardo spoke to media in Mexico a day after holding meetings in Washington with U.S. Commerce Secretary Wilbur Ross and other U.S. officials.

Guajardo also said that he would meet with recently confirmed U.S. Trade Representative Robert Lighthizer in Vietnam on Thursday, adding that a spat over sugar with the United States could be resolved within two weeks.

(Reporting by Ana Isabel Martinez; Editing by Cynthia Osterman)