Business leaders are urging Prime Minister Justin Trudeau and his U.S. and Mexican counterparts to adopt more of a “Team North America” approach when they meet in Mexico City this week: to move beyond a growing list of disputes including energy, autos and dairy and craft a continental plan for industries such as electric vehicles.
Goldy Hyder, president of the Business Council of Canada, said Canada, Mexico and the United States need to start working together better. It’s been less than three years since a new NAFTA deal, known as the United States-Mexico-Canada Agreement , took effect and disputes have proliferated. These include Canada’s protectionist dairy system, regional trade rules for the auto industry, and whether Mexico is discriminating against Canadian and American investors by giving preferential treatment in its energy market to its state oil company and a national power utility. Another dispute is brewing over Mr.
A leading player in this country’s auto-parts industry says the ambitious targets that Canada and the U.S. have set for zero-emission vehicle sales will benefit Chinese battery and car manufacturers this decade – unless North American leaders can work out a plan to give the U.S. and Mexico preferred access to Canadian lithium supplies.
“If we’re actually going to meet those targets, we’re gonna meet them with Chinese batteries. Maybe Chinese vehicles,” he said. Also hanging over this Mexico City meeting is the mandated review of the USMCA that was baked into the agreement, which means all parties must agree to extend the deal by 2026. Failure to do so will create uncertainty because of annual reviews for the final ten years or until all parties agree to extend the deal for another 16-year term.
Trudeau a blabbering ornament, not taken seriously by anybody except gushing leftists in GTA. That he has any influence is joke. Canada's taxes regulations and bloat makes EV production unprofitable, exists only here via tax handouts. Is Lib EV adviser Jerry Dias in prison yet?
As is now, all US wants is to ignore Canada. To be honest, that’s exactly the right thing for US, regardless whether it has a Republican or Democrat in the Oval Office.
Maybe some outside help to deal with the Mexican cartels?
IF they redo the trade deal can we remove Section 230 as a law that Big Tech baked into the last one putting a 1996 US law automatically onto Canad and Mexico? Section 230 allows Big Tech platforms to thrive with no gates or reprecussions for hate, lies and dismantling of truth.