News

White House official says deal with Mexico is ‘very, very close’

A top White House official says the U.S. and Mexico are in the final stages of reaching a deal to update NAFTA.

“The deal with Mexico is very, very close. The team has been working overtime, going through what I would almost characterize as the final details,” says Kevin Hassett, chairman of the White House Council of Economic Advisers. “We don’t have a specific announcement to make right now, so you should stay tuned.”

Hassett says a deal with Mexico could also help move negotiations with Canada towards the finish line.

“The hope is that the Mexican deal becomes a model for what Canada accepts with us as well,” he says. “So it should be good news for a deal with Canada, if the Mexican deal moves forward.”

Hassett made those comments in an interview with Fox Business Network.