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U.S. will not cede leadership in Latam to 'authoritarian' nations: U.S. commerce chief

Reuters  |  LIMA 

(Reuters) - U.S. Ross touted the benefits of U.S. trade with on Thursday in and said the would not cede leadership in the region to "authoritarian countries."

Speaking at a business event before Friday's start of the Summit of the in Lima, Ross said that most Latin American exports to were raw materials and credited U.S. imports from the region for creating jobs.

After his speech, Ross told journalists it would be "sensible" for there to be a deal on NAFTA but declined to estimate when one might be reached. "You'll know when we know," Ross said.

(Reporting by Mitra Taj; Editing by Sandra Maler)

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Fri, April 13 2018. 05:27 IST