U.S. and Mexico Nearing Nafta Car Deal, Sources Say



Eric Martin and Jenny Leonard

The U.S. and Mexico are in the final stages of negotiating a deal on rules for cars sold under Nafta, one of the biggest sticking points in discussions to overhaul the North American Free Trade Agreement, according to five people familiar with the talks. The two sides have exchanged new proposals for the auto industry, and Mexican Economy Minister Ildefonso Guajardo is scheduled to travel to Washington on Thursday for meetings with U.S. Trade Representative Robert Lighthizer, his second visit in as many weeks, according to two of the people who asked not to be identified discussing private negotiations. Read more here.