The Mexican government said Wednesday it hopes to end a dispute over steel tariffs with the United States and Canada before the next administration takes office in early December.
Speaking at an event, Mexico's economy minister, Ildefonso Guajardo, said he hoped Mexico would be exempted from Canadian steel tariffs, saying "our hope of achieving this is not remote."
Guajardo pointed out that he had discussed with Canadian officials that if a deal could be reached with Canada to waive tariffs on Mexican steel products, the tariffs already paid would be returned to the industry.
The dispute on steel tariffs has always been a problem in the consultations of the North American Free Trade Agreement (NAFTA). The three countries finally reached agreement at the end of September, and planned to sign a new agreement by November 30th.
On the same occasion Wednesday, Rogelio Garza, Mexico's Deputy Economic minister, said he expects Mexico and the United States and Canada to reach an agreement within the next six weeks before the new tripartite trade agreement is signed.
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