No new NAFTA deal this week, but 80 percent chance for early May: Mexico minister

MEXICO CITY (Reuters) – Conditions are not right for a new NAFTA deal to be reached this week, Mexico’s economy minister said in a TV interview on Monday, adding that he saw an 80 percent chance of a deal “in principle” by the first week of May.

Reuters reported on Sunday that talks to rework the North American Free Trade Agreement (NAFTA) are not advanced enough for the United States, Mexico and Canada to announce a deal “in principle” at the April 13-14 Summit of the Americas in Lima, according to two people familiar with matter.

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