News 13 june — 17:55

In final debate, Mexican presidential favorite says a NAFTA fail 'not fatal'

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 The collapse of the North American Free Trade Agreement would not be fatal for Mexico, the leftist presidential favorite said on Tuesday, while keeping his cool under attack from rivals in the last televised debate before the July 1 election, Reuters reports.

Asked what he would do if talks fail to renegotiate the deal that underpins the vast majority of Mexico’s trade, frontrunner Andres Manuel Lopez Obrador said he would redirect the economy towards the internal market and revive the rural economy.

“I am going to suggest that the treaty remains, but (the end of NAFTA) cannot be fatal for Mexicans, our country has a lot of natural resources, a lot of wealth,” he said in the round table discussion between the four candidates in the city of Merida.

Drawn out negotiations called by Donald Trump with Canada and the United States to modernize NAFTA have reached a deadlock since the U.S. president imposed steel and aluminum tariffs on the trade partners.

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