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Mexico says 'good progress' on trade deal although work remains


Added 12-07-19 12:03:02am EST - “Negotiators working to close a new North American trade deal have made "goo...” - Reuters.com

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Posted By TheNewsCommenter: From Reuters.com: “Mexico says 'good progress' on trade deal although work remains”. Below is an excerpt from the article.

WASHINGTON (Reuters) - Negotiators working to close a new North American trade deal have made “good progress” but many elements are not yet resolved, Mexico’s deputy foreign minister said on Friday.

Mexico approved the United States-Mexico-Canada Agreement (USMCA) this year, but U.S. ratification has been held up by Democratic lawmakers, who have voiced concerns over the enforcement of labor and environmental provisions.

“We’re working hard on all the issues, it’s not easy,” Jesus Seade, Mexico’s top negotiator for USMCA, told reporters in Washington, where he met with U.S. counterparts.

“I’m confident this is going to be resolved, but we’re working on it to get the best deal,” Seade said, adding he had been in touch with Canada’s Deputy Prime Minister Chrystia Freeland.

U.S. Trade Representative Robert Lighthizer has made a last-minute demand for a revised definition of what would constitute North American steel under automotive rules of origin, calling for steel to be “melted and poured” in North America, according to industry sources familiar with the demand.

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