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Mexico Vows To Leave Negotiations If Trump Unilaterally Cancels NAFTA: Report

ECONOMY

Mexico Vows To Leave Negotiations If Trump Unilaterally Cancels NAFTA: Report




Mexico’s Foreign Relations Secretary Luis Videgaray said Wednesday that the country will leave negotiations if President Trump came through with his threat to unilaterally rescind the North American Free Trade Agreement (NAFTA), according to a report from Mexico’s Reforma newspaper.

Trump on Sunday threatened to cancel the deal because Mexico and Canada are “both being very difficult” in negotiations, repeating his claims in a tax reform pitch Wednesday.

“We don’t believe it would be the correct route, or a viable route, to rescind the treaty just as we’re in a process of renegotiation,” Videgaray said, according to the report.




The Hill added:

The second round of NAFTA renegotiations are set to begin Friday in Mexico City. The first round took place earlier this month in Washington. Asked by reporters whether Mexico could negotiate if the agreement were unilaterally rescinded, Videgaray reportedly responded, “No.”

“Renegotiation is not a simple process, on the contrary, it’s a complex process,” he said.

“There are 26 simultaneous negotiating tables. There are issues where we’ll quickly find agreements, other issues that will require more work. But we’re profoundly committed to a renegotiation in accordance to the established process and of course, in a constructive manner,” he added.

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