Canada and Mexico will reportedly reject America's demands on NAFTA

Canada and Mexico will reject the US's latest proposals for NAFTA but offer to continue negotiating, CNBC reported. 
The Trump administration last week made some tough submissions, included raising the auto rules of origin to 85%, up from the current 62.5%, and adding a sunset clause, which would lead to NAFTA expiring every five years unless all three countries agree to extended it.
Mexican and Canadian officials are set to release a joint statement at 3 p.m.