Trump suggests Canada has been sidelined from latest NAFTA negotiations

Canada deliberately sidelined from latest NAFTA talks, Trump suggests

Canada deliberately sidelined from latest NAFTA talks, Trump suggests

Mexican Economy Secretary Ildefonso Guajardo on Friday said the USA and Mexico could strike a deal on bilateral issues in the North American Free Trade Agreement by next week, though he noted that the two sides must still reach agreement on the transition period for new auto rules of origin as well as on undisclosed "financial items".

U.S. Trade Representative Robert Lighthizer on Thursday had expressed hope for a breakthrough in the coming days. The U.S. and Mexico are pushing for an agreement this month that would give the countries time to sign the pact before Mexico's President-elect Andres Manuel Lopez Obrador takes office in December.

Recent discussions with Mexico are largely over provisions affecting the auto industry, and Guajardo said the sides had made "a lot of progress", but still needed to finalize details like the transition period for implementing new commitments.

The two officials met in D.C.to resolve the issue surrounding the re-negotiation of the deal between the U.S., Mexico and Canada.

Trump has driven the USA negotiating process, threatening to dump NAFTA if it is not renegotiated in favor of the United States.

"We have everything on the table, there are no preconditions and we'll see at the end how the whole thing falls into place", Guajardo said as Thursday's meetings concluded. "So we're not even talking to them right now".

And he indicated Canada could rejoin the talks soon.

Trump said on Thursday, 'I'm in no rush.

Currently, 62.5 percent of a car's parts must be created in NAFTA countries for it to qualify for NAFTA benefits.

"We're either going to do a good NAFTA, a fair NAFTA for us, or we're not doing NAFTA at all", he said.

Mexican and USA ministers will meet again on Tuesday, Guajardo said, after a sectoral meeting on Monday to discuss financial issues related to government action.

The U.S. and Mexico are resolving their differences on agricultural products covered under NAFTA after the Trump administration withdrew some of its sweeping demands, bringing the nations closer to an overall deal, according to five people familiar with the discussions.

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