Mexico is seeking to limit the ability of U.S. companies to bid on Mexican government contracts as part of the talks to renegotiate the North American Free Trade Agreement.
U.S. companies have long been highly competitive in the bidding, so limiting them would harm some contractors. Mexico’s move is likely an attempt to counter efforts by the Trump administration to rewrite NAFTA’s rules on government contract bidding to directly favor U.S. companies. The fifth round of talks to renegotiate the 1993 trade deal concluded Tuesday in Mexico City.
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