Mexico City – Canadian Prime Minister Mark Carney Arriving in Mexico on Thursday for a two-day visit, highlighting how to diversify trade under the threat of U.S. tariffs and maintain the most important free trade agreement in the Western Hemisphere in negotiations next year.
USA –Mexico–Canada The trade agreement or USMCA will be reviewed in 2026. More than 75% Canada Export and over 80% Mexican Go to the United States
Canadian Senator Peter Boehm says Kaney and the President of Mexico Claudia Sheinbaum Would express sympathy to US President Donald Trump.
“What they hear from Americans, what we’re hearing. It’s an opportunity to talk about how to deal with the U.S. government,” Boehm said.
Sheinbaum It said they hope to increase bilateral trade in different sectors through free trade agreements and conduct them via maritime routes, which would avoid those goods that had to pass through the United States.
“The idea is to strengthen trade through ports Canada and Mexico On these two oceans. “She said Thursday at a daily morning press conference Carney’s arrive.
Kaney I hope to improve and Mexico During his two-day visit Canada Provincial Prime Minister talked about cuts last year Mexico In any new free trade agreement with the United States
Trump gathers Canada and Mexico Regarding fentanyl smuggling and promised to impose a large amount of tariffs in both countries. Ontario Prime Minister Doug Ford says Trump compares Canada arrive Mexico It was “the most insulting thing I’ve heard from friends and closet allies in the United States of America.”
Boehm said the Prime Minister’s comments (he thinks it’s in their driveway) were disturbing the Mexicans.
“Mexicans are particularly sensitive on these issues, and there is no doubt that this is worrying,” Boehm said.
Boehm represents the Canadian government Sheinbaum Swearing in Mexican Last year, the president is promoting more participation Mexico. He said the relationship has improved recently, noting Mexico grateful Kaney Tempting Sheinbaum G7 summit in Alberta in June. Kaney The Foreign Minister and his Finance Minister were also sent to Sheinbaum In August.
“Many people don’t realize that we are Mexico “It’s a big deal for us than what we do with the entire European Union, including the United Kingdom,” Boehm said.
Mexico yes Canada The third largest trading partner behind the United States and China. Canada Once was Mexican The fifth largest trading partner in 2024.
However, trade with the United States remains crucial to both countries and retaining a free trade agreement.
Key exemptions Canada and Mexico Protect the vast majority of goods from punishment. Canadian and Mexican companies can prioritize their handling as required by USMCA. But Trump has some department-specific tariffs, called 232 tariffs, which have an impact. Steel and aluminum imports are subject to a 50% tariff.
“Trump is vaguely visible during this visit. Mexico and Canada Now, the United States has a common threat. ” said Nelson Wiseman, professor emeritus at the University of Toronto.
“While both leaders are interested in expanding their national trade with each other, I think their priority is to develop how to deal with Trump and the upcoming renegotiation that the USMCA is going to do. Kaney and Sheinbaum Now recognize that Trump’s tag team may be more effective than competing with Trump for a separate deal, even though they are still fishing for them. ”
Mexico and Canada Different approaches have been adopted to manage negotiations with the Trump administration, but both countries want to increase bilateral trade within the North American Treaty. Sheinbaum It said that these countries are already building teams and reviewing agreements in an effort to retain trilateral free trade.
Mexico It is also hoped to encourage more Canadian investment in the country Sheinbaum Mining companies should respect Mexican law, i.e. what leaders say is “environmental regulations that do not necessarily follow.”
Canadian companies are the largest foreign investor Mexican Mining, accounting for nearly 70% of foreign investment in the industry.
Kaney Will with Sheinbaum Thursday. There will then be a working lunch, with leaders joining by cabinet ministers and secretary. Kaney Visit the Canadian Embassy on Friday.
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Gillis reported from Toronto. Verza reported Mexico City.
