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 agreed "in principle" to update their 18-year-old trade deal. The move sends a message to the US after President Donald Trump announced a series of protectionist trade measures.
Germany's Angela Merkel and Mexico's Enrique Pena Nieto have opened the world's largest industrial technology fair, in Hanover. It comes as both countries enter a challenging trade relationship with the US.
The US president is staying home from what would have been his first visit to Latin America and a chance to ease foreign leaders' policy concerns. Donald Trump's message: The region is not a priority for the US.
German engineering company Bosch says it is making a large investment in Mexico by building a plant in Celaya. It will be needed to meet rising demand in electronics components for the auto industry.
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