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Mexico and U.S. near trade pact before Nov. 3

By Drooid · · How we work

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  • Mexican President Claudia Sheinbaum says trade talks with the United States are moving toward a pact.
  • Both sides assess whether a deal can be reached before the U.S. midterm elections on November 3.
  • The pact would grant Mexico relief from U.S. tariffs and address Washington’s automotive and Chinese investment concerns.
  • Mexico also seeks a significant reduction in U.S. tariffs on auto, steel and aluminum sectors.