(AP photo)WASHINGTON: - US demands for more favourable treatment under the NAFTA trade deal threatened to bring talks with partners Canada and Mexico close to collapse as the latest round of negotiations began on Wednesday. "In terms of trade, the US sells more to Canada than it does to China, Japan and the United Kingdom combined. The Canadian leader visits Washington amid increasing acrimony over renegotiations of the North American Free Trade Agreement, with Trump making fresh threats to terminate the 23-year-old deal. The NAFTA talks are likely to stall in the face of aggressive US attempts to sharply increase content requirements for autos and auto parts, trade experts say. In addition, the United States wants to add a new 50-percent US-specific content requirement, something that was not in the earlier agreements.

Source: Bangkok Post October 11, 2017 18:56 UTC