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AICC, through its membership in the Council of Manufacturing Associations, is pleased to present the "Manufacturing Economic Daily Newsletter" from the NATIONAL ASSOCIATION OF MANUFACTURERS (NAM).
USA Today (8/14, Collins) reports that US and Mexican negotiators “appear close to striking a deal in their talks to revise” NAFTA, “but the future of any new pact will hinge on Canada, which has sat on the sidelines during the latest round of discussions.” USTR Lighthizer and Mexican Economy Minister Ildefonso Guajardo “are slated to resume talks this week for a fourth straight week as the two sides scramble to reach an agreement before the end of August.” But while the US and Mexico “are on the precipice of settling the issues between them...whether or not there is a final NAFTA deal done before the August deadline now depends on Canada,” according to Lori Wallach, director of Public Citizen’s Global Trade Watch.