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Guajardo, in an interview on CNBC, said negotiators worked on
"minor technicalities" overnight and would likely unveil the
agreement at the event with U.S. Commerce Secretary Wilbur Ross.
Ross and Guajardo are scheduled to make an appearance at 1:45
p.m. at the U.S. Chamber of Commerce in Washington, the U.S.
Commerce Department said in a statement.
"Probably by that time we will be announcing that we have made
an agreement," Guajardo said in an interview with the television
network.
Ross on Monday extended the deadline for the negotiations by 24
hours to complete "final technical consultations" for a deal.
Sources on either side of the border said the U.S. sugar
industry had added new demands outside of the terms agreed on
earlier, despite an agreement that had already been struck
between the governments.
An agreement in Washington would help avert stiff U.S. duties
and Mexican retaliation on imports of American high-fructose
corn syrup before wider trade talks expected in August.
A deal also would end a year of wrangling over Mexican sugar
exports. The latest talks began in March, two months after
President Donald Trump took office vowing a tougher line on
trade to protect U.S. industry and jobs.
They are seen as a precursor to the more complex discussions on
the North American Free Trade Agreement between the United
States, Mexico and Canada.
(Additional reporting by Susan Heavey; Editing by Chizu Nomiyama)
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