Mexico’s Guajardo Says Nafta Talks May Begin In July

The transcript discusses the goals and challenges of NAFTA negotiations, emphasizing the need for modernization with elements like ecommerce and energy. It highlights the importance of balancing trade and the role of global value chains. The timeline for negotiations is influenced by upcoming elections in the US and Mexico. Economic factors, such as the strength of the peso, are considered but not seen as decisive in long-term decisions.

How does the speaker suggest that trade deficits should be analyzed?

What are the potential challenges mentioned regarding the negotiation process?

What is the speaker's stance on entering negotiations with a strong versus weak peso?