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Negotiations over NAFTA are bogging down ahead of a major deadline

Negotiations over a new North American trade deal have hit a major snag, leaving White House officials increasingly uncertain of their ability to hit their May 18 deadline for securing congressional approval of a new deal before year’s end. The main stumbling block involves a dispute over determiningwhich automobiles are given duty-free treatment under the agreement, according to five industry and U.S. government sources.After almost nine months of negotiations, the United States and its trading partners , Canada and Mexico, remain far apart on a host of contentiousissues, including U.S. demands that the treaty mustbe renewed every five years. Missing next week’s deadline could have significant consequences, given the political calendars in both the United States and Mexico. Depending on what happens in the next 10 days, Trump could opt to pause the negotiations, claim a partial agreement or even withdraw from the existing accord, though that appears unlikely. The president’s authority to negotiate trade deals that Congress must approve or reject without amendment expires July 1, coincidentally the date of Mexico’s presidential election.

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The Washington Post
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