US, Mexico Conclude First Round of Trade Deal Talks on Autos, Metals, Security

MEXICO CITY, May ⁠29 (Reuters) – ⁠The U.S. ⁠and Mexico trade negotiators on ​Friday concluded their first bilateral ‌negotiating round to ‌revise the U.S.-Mexico-Canada ⁠Agreement ⁠on trade, discussing automotive rules of origin, ​steel and aluminum trade and economic security, the U.S. ​Trade Representative’s office said.

“The United States ⁠concluded ⁠discussions with the ⁠goals ​of reducing the trade deficit with ​Mexico and ⁠strengthening American supply chains,” USTR said in a statement.

The trade agency said ⁠that the two sides will continue to advance ⁠their discussions on June 16-17 in Washington, D.C., in talks covering agriculture and “a level playing field.” A third round is scheduled for the week of ⁠July 20 in Mexico City, but so far the talks exclude USMCA partner Canada.

(Reporting ​by David Lawder, Editing ​by Franklin Paul)

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