November 14, 2017 / 4:45 PM / 3 months ago

Mexico will respond to U.S. NAFTA proposals on autos, sunset clause

MEXICO CITY (Reuters) - Mexico’s Economy Minister Idelfonso Guajardo said on Tuesday that at the next round of talks to rewrite the North American Free Trade Agreement (NAFTA) Mexican negotiators will respond to U.S. proposals on higher U.S. content for automobiles and a sunset clause.

The next round of NAFTA talks kicks off on Wendesday in Mexico City. At the last round in October, U.S. negotiators proposed changes to the rules of origin for autos, which are used to determine how much of a vehicle must be made in a certain place to fall under the deal.

Reporting by Sharay Angulo; Writing by Anthony Esposito

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