Mexico, U.S. 'getting close' on finalizing USMCA: Mexican official

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Mexico, U.S. 'getting close' on finalizing USMCA: Mexican official
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Mexico's deputy foreign minister for North America said on Saturday that ne...

FILE PHOTO: Flags are pictured during the fifth round of NAFTA talks involving the United States, Mexico and Canada, in Mexico City, Mexico, November 19, 2017. REUTERS/Edgard Garrido/File Photo

- Mexico’s deputy foreign minister for North America said on Saturday that negotiators were making progress on revisions to the United States-Mexico-Canada Agreement trade deal. Mexico approved USMCA this year, but U.S. ratification has been held up by Democratic lawmakers, who have voiced concerns over the enforcement of labor and environmental provisions.

“We’re getting close, I’m confident,” the minister, Jesus Seade, told reporters outside the U.S. Trade Representative’s office in Washington. He said he would likely return on Monday to continue talks.One point of contention is over steel, after U.S. Trade Representative Robert Lighthizer made a last-minute demand for a revised definition of what would constitute North American steel under automotive rules of origin.

Reporting by Diego Ore and David Lawder; Writing by Daina Beth Solomon; Editing by Daniel Wallis and Grant McCool

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