Trump says trade deal with Mexico 'could be happening soon'

Trump suggests US close to 'big' trade agreement with Mexico

The Mexican peso is jumping on hope for NAFTA progress

The flags of Canada, Mexico and the US are seen on a lectern before a joint news conference on the closing of the seventh round of NAFTA talks in Mexico City, Mexico, March 5, 2018.

The apparent progress comes as a relief for those who feared the July election of leftist Mexican President Andres Manuel Lopez Obrador, who has been a tough critic of Trump, could ramp up tensions between the U.S. and Mexico.

Meanwhile, Lopez Obrador said on Friday that progress was indeed being made in the renegotiation of the North American Free Trade Agreement, which Trump had dubbed a "disaster" for USA workers and industry.

The US and Mexico are getting close to resolving the bi-lateral issues that are holding up NAFTA talks, according to a report today from the Wall Street Journal.

Trump emphasized the collaboration with the current and incoming Mexican administrations. Mexican and US representatives are meeting in Washington.

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Kwan previously said in interviews that he became a United States citizen when he was 18. Kwan left Singapore at age 11 and has lived in the US since then.

"We've adjusted very well the focus, but without changing the content, the substance, and we've arrived at a solution that should be satisfactory for everyone", Seade said.

Foreign Affairs Minister Chrystia Freeland will be travelling to Europe next week on a diplomatic mission that's raising questions about whether Canada expects to return to the bargaining table soon for the three-country NAFTA talks.

Lopez Obrador opposed Pena Nieto's energy reform, and the issue is divisive within his own camp.

A contentious "sunset" proposal by the United States - to require that the almost 25-year-old trade pact be reauthorized every five years - is one that must include all three partners, Guajardo said.

The U.S. -Mexico talks for weeks focused on crafting new rules for the automotive industry, which Trump has put at the center of his drive to rework the 24-year-old deal he says has been a "disaster" for American workers.

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