Mexican talks with the US have ‘concluded,’ President Trump announces new trade deal

CNBC

The U.S. and Mexico struck a trade deal on Monday that paved the way to replace NAFTA, the current agreement between the two nations and Canada.

President Donald Trump said the deal would be called The United States-Mexico Trade agreement, getting rid of the NAFTA name. Trump added that the deal with Mexico is also very special for farmers and manufacturers.

Officials were in Washington trying to work out the issues as the Trump administration pushes to remake the 1994 agreement with the U.S., Mexico and Canada. There was some hope that a new NAFTA could be solidified before Mexico’s government turnover on December 1.

“I’m certainly hopeful that we get a good agreement,” said Carla Hills, a former U.S. trade representative and chief NAFTA negotiator, on CNBC’s “Squawk Alley.” NAFTA is “25 years old and it needs to be upgraded. I have my fingers crossed that we’ve done a good job and we get to NAFTA 2.0.”

Trump said Mexican officials promised the Latin American country would start buying as farm product as possible from the U.S.

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This entry was posted in Economy, Government, News International, Trade, Uncategorized. Bookmark the permalink.

8 Responses to Mexican talks with the US have ‘concluded,’ President Trump announces new trade deal

  1. auscitizenmom says:

    Well, this is good news. Wonder if we will hear about it on the MSM AT ALL!

    Liked by 1 person

  2. jeans2nd says:

    Listened to phone call and saw that Presidential look as Fake News was herded out, then went next door and found this –

    Because of that reaction, could not care less what is in the new Mexico deal. That Pres Trump reaction is all i need for my day today. Wish we could have heard Fake News questions.

    But honestly, how great is this new bi-lateral deal? The Mexican Pres made noises about bringing Canada in, but really, who cares?
    What a triumph!

    Liked by 3 people

  3. JonS says:

    MSM has to get over the “shock” that NAFTA is dead, first. They never saw this coming, even though it has been well communicated all along

    Liked by 2 people

  4. Coldeadhands says:

    Presidential Koala this a.m. on Varney, always uplifting. Hope this works…
    http://video.foxbusiness.com/v/5827776439001/

    Like

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