Don't look now, but are we "very close" to a renegotiated NAFTA?

Perhaps, according Vice President Mike Pence, who says he is “very hopeful” the U.S. is close to a renegotiated North American Free Trade Agreement. Talks to reach an agreement continue this week in Washington, D.C., as all sides are eyeing an early May finish line. Pence spoke at the Summit of the Americas in Peru. He told reporters there is a “real possibility” an agreement could be reached in the next several weeks, according to Politico. Pence and an official from the U.S. Trade Representative’s office took part in bilateral meetings during the event with Canada and Mexico. The comments from Pence echo those from a Mexican trade official last week, who speculated that an agreement could be reached by early May. The timeline would allow the U.S. enough time to present the agreement to lawmakers following the November midterm election.