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Trump's China trade bashing gives new hope for NAFTA progress

2018-07-12 10:31:27       source:CNBC

July 12, 2018

U.S. officials are visiting Mexico Friday, adding to speculation that the Trump administration may be looking for a victory on another trade front while tensions escalate with China.

"We believe the administration is looking to cut a deal on NAFTA or some deal on zero tariffs for autos," said Dan Clifton, head of policy research at Strategas Research. "We believe that of the two, NAFTA has a better shot at conclusion."

Secretary of State Michael Pompeo will be in Mexico on Friday meeting with the current president and the president-elect of Mexico, Clifton noted. 'It's worth keeping an eye on since so much work has already been done on NAFTA."

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