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The EU and Mexico have had a free trade agreement for 17 years, but have been negotiating a new one for the past 18 months. Following the most recent round of talks, hopes are high that a deal can be concluded next week.
Representatives of the 164 WTO member countries are in Buenos Aires for their biennial meeting. The odds of a breakthrough look grim against the backdrop of Donald Trump's 'America First' policy and discord over China.
Penalty duties, wall-building, an end to free trade - the shift in US policy is impacting Mexico especially hard. Johannes Hauser from the German-Mexican Chamber of Commerce warns of the potential consequences.
Will Donald Trump be the grave-digger of NAFTA, TPP, TTIP and other free trade agreements? He says he will pull out of TPP as soon as he takes office. But perhaps this presents an opportunity, argues DW's Henrik Böhme.
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