US' Lighthizer: NAFTA talks "going nowhere" - Reuters

Joshua Gibson FXStreet

US trade chief Robert Lighthizer has expressed some frustration on Thursday, as reported by Reuters, as the US' self-imposed deadline for a deal on NAFTA has slipped by without anybody seeming to care, and the NAFTA renegotiations continue to drag on.

Key quotes

“The NAFTA countries are nowhere near close to a deal. As I said last week, there are gaping differences on intellectual property, agricultural market access, de minimis levels, energy, labor, rules of origin, geographical indications, and much more,” Lighthizer said in a statement issued by his office.

Lighthizer said the United States will continue to engage in negotiations to secure a deal beneficial for U.S. workers, farmers, ranchers and businesses."

Author

Joshua Gibson

FXStreet

Joshua joins the FXStreet team as an Economics and Finance double major from Vancouver Island University with twelve years' experience as an independent trader focusing on technical analysis.

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