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US and Mexico Open Trade Talks as Canada Stays Sidelined

With Canada conspicuously absent from the negotiating table, U.S. and Mexican officials are launching a three-day summit to overhaul the North American trade agreement. The move follows President Donald Trump’s decision to initiate a wind-down of the existing pact while simultaneously escalating tariff pressure on Canadian goods.

US and Mexico Open Trade Talks as Canada Stays Sidelined

U.S. Trade Representative Jamieson Greer has signaled that the administration’s core objective remains the reshoring of manufacturing, specifically targeting the automotive sector to narrow trade deficits. This push for localized production serves as the foundation for the current bilateral discussions, leaving Ottawa to navigate its own mounting trade friction with Washington independently.

Mexico’s new ambassador to the U.S., Roberto Lazzeri, maintains a hopeful outlook, suggesting that all three nations could reach a resolution before the end of the year. This optimism contrasts sharply with the rhetoric from Canadian Prime Minister Mark Carney, who has vocally condemned the U.S. tariffs. As the divide between Washington and Ottawa deepens, the tripartite nature of the original USMCA agreement faces its most significant stress test to date.

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