Trudeau sings praises of North American free trade to Mexican business leaders

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Trudeau portrayed Canada as an original architect and the principal guardian of free trade on the continent as he called for a new era of three\u002Dway growth

They also knew that an integrated continental economy would bring any and all opportunities that much closer, he said — “including those they couldn’t even imagine yet.”

Canada and Mexico won their challenge of the U.S. interpretation of content rules for autos under the new North American trade pact, a dispute panel ruled Wednesday, a decision that favours parts makers north and south of the U.S. border.Article content The U.S. interpretation of the rules is “inconsistent” with the USMCA, the panel said in its ruling.“The decision is good for Canada and Mexico,” said Flavio Volpe, president of Canada’s Automotive Parts Manufacturers’ Association.

Biden departed the summit late Tuesday, leaving it up to Trudeau and Mexican President Andres Manuel Lopez Obrador to conjure the spirit of modern-day, three-way free trade and explore the most overlooked a bilateral dynamic on a continent normally far more seized with relations that involve the United States.Article content

 

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