Economics
Nafta May Be on Track for an Unhappy New Year
- Talks in Washington poised to end with no new chapters closed
- Next round in January looming as key moment for trade deal
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The U.S., Mexico and Canada are heading into 2018 with no clear plan for saving the North American Free Trade Agreement.
Negotiators are poised to wrap up their latest round of talks Friday in Washington without closing any new chapters of a revamped accord. While officials made headway on issues such as telecommunications and e-commerce this week, according to people familiar with the talks, the parties haven’t finalized agreements on even minor issues since October. The lack of progress makes the goal of reaching a deal by March seem increasingly unrealistic.