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Sylvain Charlebois: While Canada fights Trump, Mexico is preparing to eat our lunch

While Canada fights Trump, Mexico is preparing to eat our lunch

Mexico appears to be moving closer to an interim trade agreement with the United States. It was reported last week that negotiators are accelerating discussions in hopes of reaching a deal before the U.S. midterm elections in November.

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No agreement has been announced, and significant differences remain. Talks reportedly focus primarily on automobiles, steel, aluminum, American content requirements and Chinese investment in Mexico. Nevertheless, Ottawa should be paying very close attention. If Mexico signs first while Canada remains embroiled in a tariff dispute with Washington, the consequences could extend well beyond automobiles and metals. Canada’s agri-food economy could become collateral damage.

Sylvain Charlebois: While Canada fights Trump, Mexico is preparing to eat our lunch Back to video

Mexico would not be betraying Canada by reaching its own agreement. More than 80 per cent of Mexican exports go to the United States. President Claudia Sheinbaum’s government is protecting Mexican jobs, investment and market access. Canada should defend its own interests.

Columnist Jesse Kline keeps you up to date with what’s happening in Israel and the effects of antisemitism on life here in Canada. Friday mornings.

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