The chances for negotiating success are now 90 percent, said Flavio Volpe, president of the Automotive Parts Manufacturers' Association in Canada. He added that the talks have been aided by quiet meetings among professional trade negotiators without the presence of political leaders over the past month.
Mood brightens on NAFTA's prospects
Cautious optimism about the future of the North American Free Trade Agreement is beginning to replace the gloom and doom of recent months among auto industry leaders. Panelists at the Automotive News World Congress here put the odds of successful renegotiations between the U.S., Canada and Mexico at better than even now that President Donald Trump can show voters enough concrete successes on the economic front to pull back from his threat to scotch the deal.