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In a shift from their last meeting, policymakers indicated that the peso—in particular, the inflationary effect of its future potential weakness—would now be the first factor among those they're watching.
Canada and Mexico reject the U.S. hard line.
American negotiators asked to remove Mexico's long-haul industry from NAFTA cross-border services.
U.S., Canada, and Mexico would promise to avoid devaluing their currencies for competitive purposes.
The potential dealbreakers are tempered by the pact's support in Congress.
Meeting the December target for a new agreement is unlikely, observers say.
Trump administration releases its list of negotiating objectives.