May 19, 2017 / 7:00 PM / 9 months ago

'No tariffs, no quotas,' Mexico says ahead of NAFTA talks

MEXICO CITY (Reuters) - Mexico will not accept tariffs or quotas in a renegotiated NAFTA, Foreign Minister Luis Videgaray reiterated on Friday, a day after the administration of U.S. President Donald Trump triggered a 90-day count down to talks about the trade pact.

In a draft letter sent to lawmakers in March before his confirmation, U.S. Trade Representative Robert Lighthizer listed among his objectives the ability to reimpose tariffs if Mexican and Canadian imports pose a serious injury threat to U.S. industry.

Reporting by Dave Graham

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