--- description: Trump said that the U.S. may be on the verge of a “big Trade Agreement” with Mexico in a tweet on Saturday. title: President Trump Says U.S. May be Near a 'Big Trade Agreement' with Mexico image: https://static.time.com/v3/assets/bltea6093859af6183b/bltdedc6f8263c71d2e/698938b3e76ad28c57632d80/trump-says-us-mexico-trade-deal.jpg?branch=production&width=3840&quality=75&auto=webp&crop=16:9 ---  * [U.S.](/section/us/) ## U.S. Update your preferences in [Account Settings](/account/preferences/) Close * [White House](/tag/white-house/) ## White House Update your preferences in [Account Settings](/account/preferences/) Close # President Trump Says the U.S. May be Near a 'Big Trade Agreement' with Mexico by [Eric Martin / Bloomberg](/author/bloomberg/) ## Eric Martin / Bloomberg Update your preferences in [Account Settings](/account/preferences/) Close Aug 25, 2018 6:24 PM CUT  President Trump speaks during the 2018 Ohio Republican Party State Dinner, in Columbus, Ohio on Aug. 24, 2018. President Trump speaks during the 2018 Ohio Republican Party State Dinner, in Columbus, Ohio on Aug. 24, 2018.John Minchillo/AP/REX/Shutterstock by [Eric Martin / Bloomberg](/author/bloomberg/) ## Eric Martin / Bloomberg Update your preferences in [Account Settings](/account/preferences/) Close Aug 25, 2018 6:24 PM CUT (Bloomberg) — President Donald Trump said the U.S. may be on the verge of a “big Trade Agreement” with Mexico as the Nafta representative of that nation’s president-elect signaled that the thorny issue of rules for the energy industry seems to be resolved. Trump emphasized the collaboration with the current and incoming Mexican administrations. “Our relationship with Mexico is getting closer by the hour,” he tweeted early Saturday. “Some really good people within both the new and old government, and all working closely together.” > [](https://twitter.com/realDonaldTrump/status/1033343857675644928) Jesus Seade, the envoy from incoming Mexican leader Andres Manuel Lopez Obrador, arrived at a meeting with U.S. Trade Representative Robert Lighthizer saying the nations have resolved concerns that the deal had too many restrictions on how the next government can treat foreign oil companies investing in Mexico. “It was a rich, fun, important negotiation, from which everything emerged in a very satisfactory way for all involved,” Seade told reporters after returning to Washington following meetings with the incoming administration in Mexico City on Thursday. “We’ve adjusted very well the focus, but without changing the content, the substance, and we’ve arrived at a solution that should be satisfactory for everyone,” Seade said. “We still need to check technical texts, and I want to be respectful of everyone, but it’s now substantially agreed, with the correct focus.” ### Big Day Mexican Economy Minister Ildefonso Guajardo and Foreign Minister Luis Videgaray also attended the meeting with Lighthizer, and Guajardo said he expects Saturday to be a big day for negotiations. Nafta talks are poised to spill into next week, pushing up against the goal for a deal by the end of the month, as the countries work out their issues before Canada is expected to rejoin the talks to update the three-nation agreement. ```json [{"@context":"https://schema.org","@type":"NewsArticle","@id":"https://time.com/5378173/trump-says-us-near-trade-agreement-with-mexico/","mainEntityOfPage":{"@type":"WebPage","@id":"https://time.com/5378173/trump-says-us-near-trade-agreement-with-mexico/"},"headline":"President Trump Says the U.S. May be Near a 'Big Trade Agreement' with Mexico","datePublished":"2018-08-25T18:24:24.000Z","dateModified":"2026-02-23T21:15:28.646Z","description":"'Our relationship with Mexico is getting closer by the hour'","url":"https://time.com/5378173/trump-says-us-near-trade-agreement-with-mexico/","keywords":["White House","trade","Bloomberg"],"thumbnailUrl":"https://static.time.com/v3/assets/bltea6093859af6183b/bltdedc6f8263c71d2e/698938b3e76ad28c57632d80/trump-says-us-mexico-trade-deal.jpg?branch=production&width=1200&quality=75&auto=webp&crop=1200:675&height=675","author":[{"@type":"Person","name":"Eric Martin / Bloomberg"}],"articleSection":"U.S.","image":[{"@type":"ImageObject","url":"https://static.time.com/v3/assets/bltea6093859af6183b/bltdedc6f8263c71d2e/698938b3e76ad28c57632d80/trump-says-us-mexico-trade-deal.jpg?branch=production&width=1200&quality=75&auto=webp&crop=1200:675&height=675","width":1200,"height":675,"headline":"Trump-says-near-us-mexico-trade-deal","caption":"President Trump speaking","creditText":"John Minchillo/AP/REX/Shutterstock","representativeOfPage":true}],"publisher":{"@type":"Organization","name":"Time","url":"https://time.com/","logo":{"@type":"ImageObject","url":"https://time.com/images/logo.png","width":528,"height":156},"foundingDate":"March 3, 1923","sameAs":["https://www.facebook.com/time","https://www.instagram.com/time/?hl=en","https://twitter.com/time","https://www.pinterest.com/timemagazine"]}},{"@context":"https://schema.org","@type":"BreadcrumbList","itemListElement":[{"@type":"ListItem","position":1,"item":{"@id":"/section/us/","name":"U.S."}},{"@type":"ListItem","position":2,"item":{"@id":"/tag/white-house/","name":"White House"}},{"@type":"ListItem","position":3,"item":{"@id":"https://time.com/5378173/trump-says-us-near-trade-agreement-with-mexico/","name":"President Trump Says the U.S. May be Near a 'Big Trade Agreement' with Mexico"}}]},{"@context":"https://schema.org","@type":"VideoObject","name":"Leftist Andres Manuel Lopez Obrador Claims Historic Win in Mexico Elections","description":"Furious at spiraling corruption and violence, Mexican voters unleashed a political earthquake Sunday by electing a leftist firebrand as president and giving him a broad mandate to overthrow the political establishment and govern for the poor.","thumbnailUrl":"https://cdn.jwplayer.com/v2/media/VWljJOQM/poster.jpg?width=720","uploadDate":"2018-07-02T06:17:36.000Z","contentUrl":"https://cdn.jwplayer.com/manifests/VWljJOQM.m3u8","embedUrl":"https://time.com/5378173/trump-says-us-near-trade-agreement-with-mexico/","duration":"PT54S","potentialAction":{"@type":"SeekToAction","target":"https://time.com/5378173/trump-says-us-near-trade-agreement-with-mexico/?jw_start={seek_to_second_number}","startOffset-input":"required name=seek_to_second_number"}}] ```