Mexico plans stronger trade collaboration with Canada
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Canada introduced limits on how much foreign steel produced in countries other than the U.S. and Mexico can be imported to help a domestic sector reeling from President Trump’s tariffs.
Prime Minister Mark Carney on Wednesday said Canada will introduce a tariff rate quota for countries with which it has free trade agreements, excluding the United States, to protect the domestic steel industry.
The combined U. S. trade deficit with USMCA trade partners Mexico and Canada now exceeds the U.S. deficit with China, according to government data released Thursday.
Canada’s steel industry fears that Chinese steel facing steep tariffs in the United States will be sent north and overwhelm the Canadian market.
Christian LeBlanc on MSN10h
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President Trump announced a slew of tariffs on imports last week, with a proposed 35% tariff on Canadian goods, including in the automotive sector, which could deeply affect American drivers. Trump announced the tariffs on Truth Social with screenshots of a letter sent to Canada’s prime minister,
When the FIFA World Cup hits North America in June 2026, 48 teams and millions of sports fans will be traveling among venues spread across Canada, the United States and Mexico. It’s a dramatic expansion – 16 more teams will be playing than in recent years,
An Indian trade delegation has also reached Washington for fresh talks on a trade deal with the United States.