Mexico Says U.S. Congress Delaying Next Steps on Nafta Talks

By Josh Wingrove, Greg Quinn and Eric Martin, Bloomberg
Mexico’s peso, the Canadian dollar and shares of companies that rely on cross-border trade plunged on speculation the Trump administration was close to scrapping Nafta. The moves slowed a surge in riskier assets sparked by President Donald Trump’s promise to unveil Wednesday a proposal to overhaul U.S. taxes.
The administration has prepared a draft of an executive order to withdraw from the trade accord, Politico reported Wednes