Mexico’s president is reaffirming her commitment to the free trade agreement that binds her country, Canada and the United States — as those two countries’ leaders suggest possible distance.
Mexican President Claudia Sheinbaum dismissed the possibility of a breakdown in trade talks Thursday, after Canadian Prime Minister Mark Carney gave a speech this week suggesting countries should distance themselves from the United States.
President Donald Trump called the U.S.-Mexico-Canada Agreement (USMCA) trade agreement between the three countries irrelevant this month. It’s the same treaty his own administration negotiated during his first term to replace NAFTA.
Sheinbaum told reporters she believes the treaty remains “convenient” to the three countries.
“We’re going to work so that it doesn’t fall apart,” Sheinbaum said of the treaty.
The treaty is up for a review period this summer, which could turn into a re-negotiation of the agreement that keeps many goods traded between the three countries tariff-free.
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The 60-day action plan aims to get the two countries to develop new trade policies for critical minerals, as the United States seeks to reduce its reliance on China. -
The United States has ordered tariffs on countries that continue to ship oil to the island. Mexico has described the shipments as a humanitarian measure. -
The two countries have agreed on a plan that they say will facilitate overdue water deliveries from Mexico to the United States. -
The governor of the Mexican state says Mexico’s president has approved funds for a project in the Sonoran border town. -
On a two-day tour of the state, Mexican President Claudia Sheinbaum inaugurated a highway and announced construction would soon begin on a port project on the Gulf of California.
