Canadian Prime Minister Justin Trudeau meets with Mexican President Enrique Pena Nieto, pledging commitment to NAFTA renegotiations despite hardline demands from the United States. No reporter narration.
(ROUGH CUT - NO REPORTER NARRATION) Prime Minister Justin Trudeau was in Mexico City on Thursday (October 12) for a meeting with President Enrique Pena Nieto, where the Canadian leader touched on the rescue of a citizen held hostage in Pakistan and NAFTA renegotiations. Speaking at a news conference in Mexico City as a fourth round of talks to rehash the North American Free Trade Agreement (NAFTA) was held near Washington, Trudeau and Mexican President Enrique Pena Nieto said they were committed to a "win-win-win" deal. "We continue to believe that improving on and modernising NAFTA is the best way to create opportunities for our citizens, for our workers, for our businesses to grow the economy and to help people in all three of our countries. That is why we remain committed to the NAFTA process because we know that it has created millions of jobs," said Trudeau. The talks in the United States hit obstacles Thursday due to hardline U.S. demands that include adding a so-called "sunset clause" to NAFTA that would force negotiations of the $1 trillion pact every five years. The United States also wants to boost how much North American content autos must contain to qualify for tax-free status and modify dispute settlement mechanisms.