MSN MONEY: Mexico Is Said to Offer Nafta Cars Compromise on Content, Wages




May 9th, 2018 | By Jenny Leonard, Josh Wingrobe and Eric Martin

Mexico is opening the door to compromise on the key Nafta issue of auto manufacturing, though it’s unclear if the flexibility is enough to reach a deal with the U.S. and Canada, according to four people familiar with the talks.

In talks in Washington on Monday and Tuesday, Mexico for the first time indicated a specific level to which it’s willing to raise North American automotive content — 70 percent, according to the people, who asked not to be identified discussing private negotiations.

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