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Originally published by Capital Business
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business
September 19, 2025
3h ago

Canada and Mexico agree to deepen ties amid Trump trade war

Canada and Mexico agree to deepen ties amid Trump trade war

SEPT 19 - Canada and Mexico have agreed to deepen ties, vowing closer cooperation on trade and security, as both countries grapple with rising economic Kenya breaking news | Kenya news today |..

āœØ Key Highlights

Canada and Mexico have agreed to deepen their trade and security ties, a move seen as a response to rising economic pressure from the United States. This renewed cooperation follows a meeting in Mexico City between Canadian Prime Minister Mark Carney and Mexican President Claudia Sheinbaum.

  • Trade between Canada and Mexico was valued at C$56bn ($40.5bn; Ā£30bn) in 2024.
  • The United States has imposed tariffs, including 50% on Canadian steel and a 25% "fentanyl tariff" on Mexico.
  • The United States-Canada-Mexico (USMCA) free trade agreement is up for review in 2026.

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