Canada shares U.S. concerns about Mexican trade with China as possible trade talks loom

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Canada shares U.S. concerns about Mexican trade with China as possible trade talks loom
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Canada’s point person for U.S-Canada relations says she shares U.S. concerns about Mexico serving as as back door for China into the North American market as a review of the U.S.-Mexico-Canada Agreement looms.

Minister of Finance and Deputy Prime Minister Chrystia Freeland speaks at a press conference in Ottawa on Tuesday, Nov. 19, 2024. TORONTO — Canada ’s point person for U.S- Canada relations said Tuesday she shares U.S. concerns about Mexico serving as a back door for China to import cheaper goods into the North American market as a review of the trade pact known as the U.S.- Mexico - Canada Agreement looms.

“We are perfectly aligned with the United States and that means we are not a back door to unfair Chinese traded goods,” Freeland said during a press conference. “The same cannot be said about Mexico.”, matching U.S. tariffs imposed over what the countries say are China’s subsidies that give its industry an unfair advantage. Canada has also imposed a 25% tariff on Chinese steel and aluminum. Mexico does not have similar tariffs.

During Trump’s first term, his move to renegotiate NAFTA and reports that he was considering a 25% tariff on the auto sector were considered an existential threat in Canada at the time.

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