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Mexico and Canada leaders speak trading before the USMCA review

President Claudia Shinebam and Canadian Prime Minister Mark Carney discussed the importance of the US-MEXICO-Canada Trade Agreement (USMCA) during a telephone conversation on Thursday.

Chat was due to the fact that negotiations on the compulsory review of the USMCA would begin before planning.

On Tuesday, Mexico’s Economic Minister Marcelo Ebert said he was expecting the USMCA review process to begin in the second half of 2025. Review scheduled for July 2026 – re -negotiations, extensions or withdrawal.

In their telephone conversation, Carney and Shinbam confirmed their commitment to the USMCA, which came into effect since July 1, 2020, acknowledging that the competitiveness of the three North American countries has been increased.

In a statement, Carney’s office The two leaders discussed that “the development of a strong trade relationship between the two countries, which were the foundation of the USMCA,” and “forced to strengthen their respective economies against future trauma.”

The Mexican government has stated in a social media post Both leaders discussed priority issues in their bilateral relationship, including the continuation and strengthening of the seasonal agricultural labor program.

The two leaders began to work to find the opportunity to deepen bilateral relations with their senior officials. They agreed to stay in close contact.

Shinbam launched a phone call by congratulating Carni for the April 28 election victory. His cabinet was sworn in on May 13.

Carney, Governor of the Central Bank of Canada from 2008-2013 and Governor of the UK Bank from 2013-2020 On May 6, the White House met with US President Donald Trump.

Positive view of USCA review opportunities

In discussing the onset of the USMCA review, Hebreard said the US government would focus on trade talks over the next three months and this would be favorable to Mexico.

Spoke at the forum of Mexico’s Employers Federation This week, early negotiations will provide more clarity on Mexico’s position in the global trade landscape.

“The truth (the global economy) inspires us towards deep regional integration,” he said. “If Mexico and Canada are essential in various parts of the country (for the US), especially if you want to be competitive against Asia.”

Economic Minister Marcello Ebert is speaking at the latest press conference. (Andrea Mursia/Quartoscoro)

A day later, Hebreard reiterated this belief, saying that early study will help reduce uncertainty among investors and consumers.

The USMCA has changed the North American Free Trade Agreement, which has managed trade between Mexico, Canada and the United States since 1994. Following Trump’s mention of May 6, the USMCA continued to question it, in which he described it as a “medieval” desire to “reconsider” very soon.

Shinbam rejected speculation that this deal could be removedHowever, the voice of the belief that the US will show value in maintaining it.

With reports from Economist And Finance

(Tagstotranslate) Claudia Sheinbaum (T) Mark Carney (T) Mexico-Canada Trade (T) Sticky (T) USMCA Review

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