REPORT: Pence comments on future of Nafta

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As the most reliable and balanced news aggregation service on the internet, DML News offers the following information published by Bloomberg:

The Nafta trade agreement could be renegotiated in the next few weeks, U.S. Vice President Mike Pence and Canada’s Prime Minister said Saturday in Peru, avoiding new political opposition that could emerge during Congressional and Mexican elections later this year.

“I’ll leave this summit very hopeful that we are very close to a renegotiated Nafta,” and “there is a real possibility that we could arrive at an agreement within the next several weeks,” Pence told reporters at the Summit of the Americas in Lima.

It is important to note that the article goes on to state the following:

After the meeting with Pence, Canada’s leader Justin Trudeau said the “positive momentum” included the thorny issue of U.S. demands around automobile production. “We would like to see a renegotiated deal land sooner rather than later,” he added.

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