Trump, Canada and US
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Another mass transfer of prisoners to the U.S., diplomatic upheaval at Davos and threats to USMCA free trade shaped Mexico this week.
Sen. Bernie Moreno states the upcoming USMCA review will mandate more vehicle assembly in the U.S., leveraging wage rules to shift manufacturing from Mexico.
Claudia Sheinbaum insists the trade agreement is not at risk, despite Mark Carney’s shifting attitude to Trump’s tariffs
Mexico has the most to lose as Canada pushes U.S. boundaries and diversifies trade outside the USMCA treaty, writes Logan Gardner.
The Mexican president called the trade agreement between the three countries “convenient” for all of them Thursday.
With less than six months to go before the review of the trade agreement, Trump has called it ‘irrelevant,’ while Sheinbaum has defended North American integration
President Trump claims USMCA is “irrelevant” ahead of its review this summer, local experts disagree
President Trump visited Michigan last week, where he said the USMCA trade agreement is irrelevant to the country's economy. The president claimed the U.S. does not need either Mexico or Canada for trade and industry.
The carmaker made the claim in a public comment to the U.S. Trade Representative office ahead of a much-anticipated review of the regional trade deal.
Gov. Hobbs of Arizona emphasizes the economic benefits of USMCA in a new study, highlighting the trade deal's importance for the state.