President Donald Trump's trade negotiators enter the latestround of NAFTA talks under growing pressure inside their owncountry to step back from a confrontational stance that's left theU.S. isolated at the negotiating table.

The fourth round of talks to update the North American FreeTrade Agreement began Wednesday in the Washington area. Trump hasmaintained his threat to walk out, even amid rising opposition athome to his hardline stance. On the eve of talks, the top U.S.business group pledged to fight to preserve the pact, while aCongressional committee said it was committed to successful talksand Mexico signaled it can live without the accord.

“There is life after NAFTA,” Mexican Economy Minister IldefonsoGuajardo said Tuesday in an interview with Radio Formula.Mexico could leave NAFTA and have the strength to move on withoutany serious long-term structural damage to the economy, hesaid.

Continue Reading for Free

Register and gain access to:

  • Thought leadership on regulatory changes, economic trends, corporate success stories, and tactical solutions for treasurers, CFOs, risk managers, controllers, and other finance professionals
  • Informative weekly newsletter featuring news, analysis, real-world cas studies, and other critical content
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the employee benefits and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.