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Mexico, EU Aim for Deeper Trade Ties With New Accord

The European Union and Mexico agreed on Friday to launch negotiations towards a new free-trade agreement, as Mexico seeks to avoid being sidelined by Europe's bigger trade deals with the United States and Canada. Following the collapse of global trade talks, the world's biggest economies are seeking to sign a patchwork of bilateral and regional deals to lift economic growth and compete with China, which the West sees as too dominant in commerce. "With the United States and...

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