NAFTA 2.0 Update

Top Trump administration officials have reportedly told Canada and Mexico there is "no give" on the part of the U.S. when it comes to negotiations, but veteran trade policy observers say this is yet another of the Trump team's negotiating tactics.Meanwhile, USDA Secretary Sonny Perdue in Indianapolis yesterday revealed he met this week with President Donald Trump, U.S. Trade Representative (USTR) Robert Lighthizer, Commerce Secretary Wilbur Ross and others for an update on NAFTA 2.0. Perdue said they believe "all three countries really want a deal at the end of the day." Like others, including Ross, Perdue said negotiations are still in the early stages and that most of the hard lifts in decisions will come in the waning days of talks.