Canada, Mexico vow to stick with NAFTA talks, Mexico works on Plan BMEXICO CITY (Reuters) - The leaders of Mexico and Canada on Thursday pledged to work toward a renegotiation of the North American Free Trade Agreement (NAFTA) even as talks taking place in the United States turned sour due to hard-line U.S. demands. Speaking in Mexico City as a fourth round of talks to rehash NAFTA was held near Washington, Canadian Prime Minister Justin Trudeau and Mexican President Enrique Pena Nieto said they were committed to a “win-win-win” deal. The talks in the United States hit obstacles, with tensions increasing dramatically Thursday due to U.S. demands that include adding a so-called “sunset clause” to NAFTA that would force negotiations of the $1 trillion pact every five years. Two sources with direct knowledge of the talks in Arlington, Virginia described the atmosphere as “horrible” and highly charged. “We will not be walking away from the table based on the proposals put forward,” Trudeau said at a news conference in response to a question about whether the clause was a poison pill for the talks. Asked whether bilateral deals were possible if talks failed, Pena Nieto said Mexico would keep working with both Canada and the United States to reach a deal that was beneficial for all three countries, but he suggested there could be other ways to move forward. “I think that Canada and Mexico share that the NAFTA agreement is a good mechanism, not the only one, but it is a good mechanism to boost the development of the region,” Pena Nieto said. U.S. President Donald Trump says NAFTA, originally signed in 1994, has been a disaster for the United States and he has frequently threatened to scrap it unless major changes are made. Besides the sunset clause, the United States also wants to modify dispute settlement mechanisms and boost the amount of U.S. content that autos must contain to qualify for tax-free status. Business leaders from all three countries have said the U.S. proposals could derail the talks.  Earlier on Thursday Mexican Finance Minister Jose Antonio Meade said Mexico was analyzing tariffs and import substitution plans in case NAFTA was scrapped. “We have the possibility of identifying tariff measures, we have the possibility to identify other markets to be our providers and other markets that we can turn to,” Meade told senators in the capital.  “We’re working on that, we have been working and perfecting the analysis to identify not only industries but companies that could help the contingency if we don’t reach a satisfactory negotiation.” Meade did not give details of what tariffs were being analyzed. In 2011, Mexico successfully used targeted tariffs on U.S. goods such as pork and cheese to win a dispute over trucks.  Meade’s comments and the tensions at the talks drove the peso to a nearly five-month low of 18.92 against the dollar, a fall of more than 1 percent in the session. The currency has shed close to 4 percent since Oct. 3 on concerns the NAFTA talks could founder.  politicsNews
canada mexico vow stick bafta talks mexico works plan mexico city reuters the leaders mexico canada thursday pledged work toward negotiation north american free trade agreement bafta even talks taking place united states turned sour due demands speaking mexico city fourth round talks rehash bafta held near washington canadian prime minister justin trudeau mexican president enrique pena niet said committed deal the talks united states hit obstacles tensions increasing dramatically thursday due demands include adding sunset clause bafta would force negotiations trillion pact every five years two sources direct knowledge talks arlington virginia described atmosphere horrible highly charged we walking away table based proposals put forward trudeau said news conference response question whether clause poison pill talks asked whether bilateral deals possible talks failed pena niet said mexico would keep working canada united states reach deal beneficial three countries suggested could ways move forward i think canada mexico share bafta agreement good mechanism one good mechanism boost development region pena niet said president donald trump says bafta originally signed disaster united states frequently threatened scrap unless major changes made besides sunset clause united states also wants modify dispute settlement mechanisms boost amount content autos must contain qualify status business leaders three countries said proposals could derail talks earlier thursday mexican finance minister jose antonio made said mexico analyzing tariffs import substitution plans case bafta scrapped we possibility identifying tariff measures possibility identify markets providers markets turn made told senators capital we working working perfection analysis identify industries companies could help contingency reach satisfactory made give details tariffs analyzed in mexico successfully used targeted tariffs goods pork cheese win dispute trucks made comments tensions talks drove peso nearly low dollar fall percent session the currency shed close percent since concerns bafta talks could founder politicsnews
Your task is to classify the provided input as real or fake news. Label 0 is meant for fake news, Label 1 is for real news. TEXT: Canada, Mexico vow to stick with NAFTA talks, Mexico works on Plan BMEXICO CITY (Reuters) - The leaders of Mexico and Canada on Thursday pledged to work toward a renegotiation of the North American Free Trade Agreement (NAFTA) even as talks taking place in the United States turned sour due to hard-line U.S. demands. Speaking in Mexico City as a fourth round of talks to rehash NAFTA was held near Washington, Canadian Prime Minister Justin Trudeau and Mexican President Enrique Pena Nieto said they were committed to a “win-win-win” deal. The talks in the United States hit obstacles, with tensions increasing dramatically Thursday due to U.S. demands that include adding a so-called “sunset clause” to NAFTA that would force negotiations of the $1 trillion pact every five years. Two sources with direct knowledge of the talks in Arlington, Virginia described the atmosphere as “horrible” and highly charged. “We will not be walking away from the table based on the proposals put forward,” Trudeau said at a news conference in response to a question about whether the clause was a poison pill for the talks. Asked whether bilateral deals were possible if talks failed, Pena Nieto said Mexico would keep working with both Canada and the United States to reach a deal that was beneficial for all three countries, but he suggested there could be other ways to move forward. “I think that Canada and Mexico share that the NAFTA agreement is a good mechanism, not the only one, but it is a good mechanism to boost the development of the region,” Pena Nieto said. U.S. President Donald Trump says NAFTA, originally signed in 1994, has been a disaster for the United States and he has frequently threatened to scrap it unless major changes are made. Besides the sunset clause, the United States also wants to modify dispute settlement mechanisms and boost the amount of U.S. content that autos must contain to qualify for tax-free status. Business leaders from all three countries have said the U.S. proposals could derail the talks.  Earlier on Thursday Mexican Finance Minister Jose Antonio Meade said Mexico was analyzing tariffs and import substitution plans in case NAFTA was scrapped. “We have the possibility of identifying tariff measures, we have the possibility to identify other markets to be our providers and other markets that we can turn to,” Meade told senators in the capital.  “We’re working on that, we have been working and perfecting the analysis to identify not only industries but companies that could help the contingency if we don’t reach a satisfactory negotiation.” Meade did not give details of what tariffs were being analyzed. In 2011, Mexico successfully used targeted tariffs on U.S. goods such as pork and cheese to win a dispute over trucks.  Meade’s comments and the tensions at the talks drove the peso to a nearly five-month low of 18.92 against the dollar, a fall of more than 1 percent in the session. The currency has shed close to 4 percent since Oct. 3 on concerns the NAFTA talks could founder.  politicsNews
Your task is to classify the provided input as real or fake news. Label 0 is meant for fake news, Label 1 is for real news. TEXT: canada mexico vow stick bafta talks mexico works plan mexico city reuters the leaders mexico canada thursday pledged work toward negotiation north american free trade agreement bafta even talks taking place united states turned sour due demands speaking mexico city fourth round talks rehash bafta held near washington canadian prime minister justin trudeau mexican president enrique pena niet said committed deal the talks united states hit obstacles tensions increasing dramatically thursday due demands include adding sunset clause bafta would force negotiations trillion pact every five years two sources direct knowledge talks arlington virginia described atmosphere horrible highly charged we walking away table based proposals put forward trudeau said news conference response question whether clause poison pill talks asked whether bilateral deals possible talks failed pena niet said mexico would keep working canada united states reach deal beneficial three countries suggested could ways move forward i think canada mexico share bafta agreement good mechanism one good mechanism boost development region pena niet said president donald trump says bafta originally signed disaster united states frequently threatened scrap unless major changes made besides sunset clause united states also wants modify dispute settlement mechanisms boost amount content autos must contain qualify status business leaders three countries said proposals could derail talks earlier thursday mexican finance minister jose antonio made said mexico analyzing tariffs import substitution plans case bafta scrapped we possibility identifying tariff measures possibility identify markets providers markets turn made told senators capital we working working perfection analysis identify industries companies could help contingency reach satisfactory made give details tariffs analyzed in mexico successfully used targeted tariffs goods pork cheese win dispute trucks made comments tensions talks drove peso nearly low dollar fall percent session the currency shed close percent since concerns bafta talks could founder politicsnews