7/24 Mexico discusses U.S. trade deficit

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  • Mexican authorities are willing to discuss ways for the U.S. to reduce its trade deficits under the NAFTA, as long as they don’t threaten its ability to export.
  • Adding e-commerce and energy provisions to the pact could help the U.S. narrow its trade gap, Mexico's Economy Minister Ildefonso Guajardo told WSJ.
  • The U.S. had a $63B deficit with Mexico in goods trade last year.