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Pence says NAFTA deal is close

Vice President Mike Pence says a new NAFTA deal could be reached in the next several weeks.

He told reporters at a summit in Peru this weekend he is hopeful that the countries will come to an agreement soon. Canadian Prime Minster Justin Trudeau has also expressed optimism and Mexico’s economy minister has said that there is an 80 percent chance the countries could reach an agreement by May.

Topics that still need addressed are increased market access for U.S. dairy in Canada and U.S. demands around automobile production.

Leaders will continue to be in “permanent talks” instead of having another formal renegotiating round.