U.S. and Mexico close to reaching NAFTA deal

The U.S. and Mexico have achieved breakthroughs after five weeks of NAFTA talks and could soon reach a deal, paving the way for Canada to re-enter negotiations to formally update the trade agreement, administration officials tell Axios.

The big picture: Bloomberg reports that a deal could come as soon as Monday, and that sticking points on automobiles and energy are among those that have been resolved.