Trump to seek extension of 'fast track' trade authority

Reuters  |  WASHINGTON 

(Reuters) - U. S. will ask for a three-year-extension of the so-called "fast-track" trade negotiating authority before it expires July 1, Trump's top said on Monday.

"The has made the decision, we're going to ask for the extension of fast track authority.

And we will get it," U. S. Trade told reporters after the close of NAFTA talks in

The extension is "pre-authorized" and would be automatic once Trump requests it unless either chamber of passes a resolution to refuse it.

Lighthizer also said he would continue to discuss Canadian proposals to count automakers' engineering, research and toward higher regional NAFTA autos content requirements, but dismissed the idea as creating too much opportunity to bring in more parts from

(Reporting by David Lawder; Editing by David Gregorio)

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Tue, January 30 2018. 00:10 IST