Can Mexico overcome Donald Trump's obsession with trade deficits?

Financial Times, Jul 17, 2017
by Jude Webber

As Mexico braces for the US to put its Nafta negotiating objectives in writing, potentially as soon as today, Washington’s letter last week to South Korea makes ominous reading.

“President Trump continues to keep his promises to lower our trade deficit,” said US trade representative Robert Lighthizer. If the administration pursues that goal above all others in negotiations to revamp the North American Free Trade Agreement that could start in mid-August, Mexico fears the talks will go nowhere fast.

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