US President Trump has alternated between a hardline stance against the trade pact, and a slightly softer tone. But the newly started renegotiations already portend towards a return to a more uncompromising stance.
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.
At the current meeting of the World Trade Organization, the top US trade representative has launched a broadside at the trade body's 164 members, saying they seek litigation instead of negotiations to obtain advantages.
Mexican negotiators have vowed to "present proposals and counterpoints" in a bid to stop a sunset clause on the trillion-dollar trade deal. The US president has threatened to "terminate" NAFTA even before talks finish.
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