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Election of new Mexican president adds uncertainty to future of NAFTA talks

The future of the North American Free Trade Agreement negotiations was injected with a new dose of uncertainty with the election of a new president in Mexico on Sunday.

Following his overwhelming majority win, Mexico's president-elect Andres Manuel Lopez Obrador said he supports reaching a deal on renegotiating NAFTA with the United States and Canada.

But the NAFTA talks have been stalled for several weeks and Lopez Obrador enters the scene as tensions between Canada and the United States have intensified as the two countries have become embroiled in a trade dispute.

After the election, Lopez Obrador said he'll propose that his own team of experts be included in the trade talks. The winning candidate said he will make that proposal in a meeting Tuesday with current President Enrique Pena Nieto...

This was excerpted from the 2 July 2018 edition of CBC News.

Topic(s)

International Trade and Border Management

Information source

Canadian News Channel
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