US EditionFinance and foreign ministers in Mexico to talk trade ahead of Carney’s visit
MEXICO CITY, MEXICO, AUG 6 – Canadian and Mexican ministers aim to diversify trade partnerships and build a strategic work plan covering supply chains, energy, and security amid U.S. tariff pressures, officials said.
- On Monday, Finance Minister François-Philippe Champagne and Foreign Affairs Minister Anita Anand flew to Mexico City to meet President Claudia Sheinbaum, underscoring efforts to strengthen Canada-Mexico relations.
- On Friday, the U.S. imposed a 35% tariff on Canadian goods not compliant with CUSMA, while Mexico received a 90-day reprieve, despite Trump’s threat to hike tariffs by Aug. 1.
- Canada's Finance Minister Champagne said the trip aims to diversify trade, with Anand noting a work plan focusing on resilient supply chains, trade, AI, energy, and security between Canada and Mexico.
- “They’re paying a 35% tariff, and Mexico isn’t,” Ebrard told journalists, adding “We’re going to exchange experiences.”
- Carney said next year’s USMCA review is crucial, with 85% of Canada-U.S. trade remaining tariff-free, and plans to visit Mexico City in the fall.
64 Articles
64 Articles
Canada and Mexico to Cooperate as 'Free Traders' Facing US Tariffs
(Bloomberg) — Canada is seeking closer collaboration with Mexico in multiple sectors amid a trade war with the US, senior ministers said during a visit that included a long meeting with President Claudia Sheinbaum.
Champagne, Anand meet with Mexican officials with goal of strengthening countries’ ties
OTTAWA -- Finance Minister Francois-Philippe Champagne and Foreign Affairs Minister Anita Anand were in Mexico to strengthen the countries' relationship, days after the United States hit Canada with higher tariffs.
Mexico, Canada meet to discuss strategy in face of Trump tariffs
MEXICO CITY, Aug 6 — Mexico’s president yesterday hosted senior Canadian officials to discuss strategy in the face of US President Donald Trump’s trade tariff offensive.Trump has imposed additional duties on both countries despite the existence of the three-way USMCA free trade treaty, which he has said he wants to renegotiate.The US president raised tariffs on isolated Canadian imports from 25 to 35 per cent from August 1, but has agreed to de…
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