marine link image
Register now for the Port of the Future Conference • 2 Days, 50 Ports • Houston/Galveston area, TX • April 12–14, 2027

Mexico Minister says NAFTA Deal will Depend on Flexibility

April 24, 2018

Mexican Economy Minister Ildefonso Guajardo said on Tuesday that agreeing a new North American Free Trade Agreement (NAFTA) deal will depend on the flexibility of negotiations as he prepared to meet his U.S. and Canadian counterparts in Washington.

"Any day that you start (to) walk towards a goal nobody can guarantee that you will achieve it, (it) depends on the commitment and flexibilities around the table," he told reporters when asked if a deal was imminent.

Guajardo also said there was no need for a separate deal with the United States on steel and aluminum by May 1 when the current exemption on U.S. tariffs expires.

"I think whatever we do has to take into account the kind of commitment that we're going to do in NAFTA, and definitely, Mexico has been very clear: we will not accept any type of restrictions in aluminum or steel," he said.

Reporting by David Lawder

Logistics News

Nikkiso Delivers Dry Dock Overhaul for LNG Tanker

Nikkiso Delivers Dry Dock Overhaul for LNG Tanker

CMA CGM Demonstrates Relative Resilience in a Volatile Q3

CMA CGM Demonstrates Relative Resilience in a Volatile Q3

Baltic Index Ends Seven-Session Gaining Streak

Baltic Index Ends Seven-Session Gaining Streak

Iraq Trucks Oil Exports Overland Amidst Continued Hormuz Disruptions

Iraq Trucks Oil Exports Overland Amidst Continued Hormuz Disruptions

Subscribe for Maritime Logistics Professional E‑News

Manishi Raymondchaudhuri: The thaw in the Sino-Indian relationship will be a major test for economic growth
Increased security at US Fairford Air Base in England
US airlines oppose China’s bid to increase flights