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Prime Minister of Canada Justin Trudeau stated that They would like to see the Mexico-U.S.-Canada trade pact preserved, but said it is possible that “we will have to
Prime Minister of Canada Justin Trudeau stated that They would like to see the Mexico-U.S.-Canada trade pact preserved, but said it is possible that “we will have to look at other options.” depending on the decisions Mexico makes“.
In recent days, Canadian officials have expressed concern that China could take advantage of the USMCA to use Mexico as a base to export low-cost products.
“We have a completely exclusive commercial agreement right now (…) we would like this to continue. This is my first option,” Trudeau said at a news conference.
He added: “We will secure Canadian jobs and economic growth for a long time to come. Ideally, we would do this as a single North American market, but pending the decisions and choices that Mexico has made, we may have to look at other options.”
Trudeau said he raised concerns about Chinese investment in Mexico with President Claudia Sheinbaum at a meeting on the sidelines of the G20 leaders’ summit in Brazil last Monday.
“But let me say it again: My ideal situation is that we continue to work well together. protect North American jobs from excess capacity or economic coercion for which other countries are responsible.”
The tripartite T-MEC pact will be renegotiated in 2026.
Doug Ford, head of the Ontario government, Canada’s largest province, accused Mexico of being a “back door” to Chinese products and proposed expelling the country from T-MEC.
Ford noted at a press conference a couple of weeks ago that if Mexico “doesn’t comply with Canadian and U.S. tariffs” on Chinese imports, it should not “sit at the (USMCA) negotiating table or have access to the largest economy.” “peace”.
The Conservative politician added that Canada should give priority to the United States. and negotiate a “bilateral free trade agreement” between the two countries.
A few days later Alberta Premier Daniel Smith said he agreed with Ford in an interview CBC. (according to Reuters)
Source: Aristegui Noticias
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