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LatinNews Regional Monitor: Mexico - 12 March 2018

Trade Agreements I: Difficult Nafta outlook

The seventh round of Canada-Mexico-US talks on the renegotiation of the North American Free Trade Agreement (Nafta) came to an end on 5 March amid conflicting signals. While talks on local content rules in the automobile industry – one of the most difficult issues – were set to continue separately, US President Trump’s sudden threat of imposing across-the-board tariffs on steel and aluminium imports introduced a new set of obstacles.

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