Mexico

Mexican Economy Minister Ildefonso Guajardo is expected to be in Washington, DC.

The U.S. and Mexico can no longer put off addressing a U.S. push for a sunset clause in NAFTA, Jesús Seade, the chief negotiator for Mexican President-elect Andrés Manuel López Obrador, said Friday -- adding that the U.S. and Canada must come together to iron out their issues as the talks enter the endgame.

The U.S. and Mexico are trying to finalize transition times to implement new auto rules of origin in the North American Free Trade Agreement after negotiating teams closed gaps in related areas, government sources close to the talks told Inside U.S. Trade.

The U.S. and Mexico are working to blend their respective proposals on auto rules of origins in the North American Free Trade Agreement talks happening in Washington, DC, this week after the U.S. earlier this year rejected Mexico’s approach, according to sources close to the talks.

U.S. Trade Representative Robert Lighthizer on Thursday said the national security-based Section 232 tool is only effective if it is applied globally, despite relationships the U.S. has with countries considered to be key allies.

“I believe a successful renegotiation of the [NAFTA] will lead to even more jobs and higher wages … but only if it can go quickly.”

Mexico and Canada will be exempt from new U.S. tariffs on autos and auto parts the U.S. if the three NAFTA countries successfully renegotiate the deal, Mexico's ambassador to the U.S. said on Tuesday.

The U.S. has initiated World Trade Organization dispute settlement proceedings with Canada, Mexico, the European Union, Turkey and China over tariffs the countries have placed on U.S. products in response to steel and aluminum duties imposed by the U.S. earlier this year under Section 232 of the Trade Expansion Act of 1962 and justified via national security, the Office of the U.S. Trade Representative announced on Monday.