Mexican Ambassador: 50% Chance NAFTA is Terminated

The Mexican Ambassador says there is a 50-50 chance that NAFTA will be “terminated.”   Geronimo Gutierrez said there are tensions hanging over the three sides in the negotiations and that’s creating an air of uncertainty.

Accoring to TheHill.com despite that, he still thinks a deal to update the agreement can be done by next year.  “In spite of differences, we’re communicating fluently, we’re engaging, and that’s important,” he told CBS News.  “In fact, I’m moderately convinced that we can still reach an agreement in the next few months.”

He also addressed the wall that the president wants to build along the U.S.-Mexican border, saying there’s no way his country will be paying for the wall. However, he says a tolling system was one thing that could be used to finance the construction. “There have been preliminary discussions on that matter and I think both sides are open,” he adds.

If you have a story idea for the Washington Ag Network, call (509) 547-1618, or e-mail gvaagen@cherrycreekradio.com