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Mexico's foreign secretary, Roberto Velasco Álvarez, has emphasized that his country is not seeking to negotiate a bilateral trade deal with the U.S.that would exclude Canada, reaffirming the importance of the Canada-U.S.-Mexico Agreement (CUSMA).
During a joint news conference with Canada's Foreign Affairs Minister Anita Anand in Ottawa, Velasco Álvarez stated that all three nations agree on maintaining the trilateral trade pact.U.S.
Trade Representative Jamieson Greer noted that formal trade talks with Mexico are progressing more than discussions with Canada, which have yet to yield the concessions sought by President Donald Trump to reduce trade deficits.While Mexico has advanced in bilateral negotiations with the U.S., Canadian officials argue that each country has distinct issues to address.
The three nations had until July 1 to decide whether to extend CUSMA for another 16 years, with both Canada and Mexico supporting the extension, while the U.S.wants certain provisions reviewed.
Mexican President Claudia Sheinbaum highlighted strengthened ties with Canada, and Canadian officials announced funding for shared priorities with Mexico, including combating transnational crime.U.S.and Mexican officials are set to hold a third round of bilateral negotiations in Mexico City, with Greer suggesting a breakthrough may require high-level talks between Trump and Prime Minister Mark Carney.