The Summit of the Americas included, as expected, high-level discussions of trade policy. President Peña-Nieto, Prime Minister Trudeau and Vice-President Pence confirmed the aim to complete NAFTA “within weeks”. The U.S. also reiterated its interest in joining the CPTPP trade group that includes Canada and Mexico as well as Japan and eight other countries. It’s more likely though that the U.S. would look to pursue bilateral deals with individual members. The CPTPP group excluding NAFTA and Japan accounted for just 19% of the combined “CPTPP trade deficit” for the U.S. in the past 12 mont...