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Mexico says Trump's unsurprising Nafta threats a negotiating tactic

Initial talks to renegotiate between Mexico, US, Canada ended with no breakthrough

Reuters  |  Mexico City 

US President Donald Trump's threat to scrap the Nafta trade pact is little more than a negotiating tactic, aimed at his political base, that should neither scare nor surprise Mexico, the country's foreign minister said on Wednesday as the peso weakened. In a speech in Phoenix on Tuesday night, Trump reiterated his threats to terminate the North American Free Trade Agreement, saying the pact's future looked bleak. Trump has long called the 1994 pact a bad deal that hurt American workers, saying it should be re-negotiated or ended. Initial talks to re-negotiate Nafta ...

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First Published: Wed, August 23 2017. 21:42 IST