Trump’s Hopes for Quick Nafta Deal Are Dimming as Talks Slow

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After three months of talks, the U.S., Canada and Mexico stay miles aside on a deal to replace the area’s flagship commerce pact.

Photographer: Andrew Harrer/Bloomberg

The Nafta spherical ended Tuesday in Mexico City with negotiators failing to finalize new agreements on even minor sections of the pact. In a few of his bluntest remarks because the talks started, U.S. Trade Representative Robert Lighthizer mentioned Canada and Mexico aren’t “seriously” participating on some key areas to overtake Nafta. He made clear the U.S. received’t settle for a deal that doesn’t shift commerce flows within the U.S.’s favor.

“While we have made progress on some of our efforts to modernize Nafta, I remain concerned about the lack of headway,” he mentioned in a press release on Tuesday. “Absent re-balancing, we will not reach a satisfactory result.”

A heavy workload lies forward to resolve variations over hard-line U.S. proposals shot down by Mexico and Canada in talks scheduled by means of March.

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