Mexican President Claudia Sheinbaum shared that ties between Mexico & Canada are strengthening.
Mexico has formed a common front with Canada. This development is during talks on the future of the Canada-U.S.-Mexico Agreement (CUSMA), says Mexican President Claudia Sheinbaum.
The 3 parties are holding a pivotal virtual meeting on Wednesday, 1 July ’26. That’s to discuss whether to extend the trade agreement for another 16 years or embark on other paths that may witness talks continuing.
Canada & Mexico have both formally stated their intention to seek a 16-year extension. This is part of the trilateral trade deal, which has been in existence for over 3 decades.
Meanwhile, the U.S. has given conflicting signals about its intentions. President Donald Trump initially threatened not to renew the deal he had signed during his first term. However, later, he had said he might sign it. The United States hasn’t yet released a formal stance, though.
Canada-Mexico relationship strengthened
Sheinbaum said that Canada & Mexico had formed a common front through the communication that they had during talks around CUSMA’s renewal.
Sheinbaum added that they had strengthened their relationship with Canada. There are Canadian business investments in Mexico. She was responding to a question from CBC News during her regular weekday news conference.
She also asserted that in addition to that, their commerce was getting stronger.
The CUSMA deal is set to expire during ’36. Any of the parties to the agreement may pull out of the trade accord after giving 6 months’ notice.
The U.S. has insisted on having ongoing, separate talks on the trade deal with Mexico & Canada. Sheinbaum expressed her view that Mexico has always favoured trilateral negotiations.
She added that they were all aware of the decision by the U.S. government, with President Trump having a different vision on international commerce, with the U.S. now becoming more protectionist.
She went on to add that talks are happening within this framework.
