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Daniel SmithPremier of Alberta, supports a proposal by Doug Ford, Premier of Ontario, that Canada and the United States are considering excluding Mexico from the North American Trade Agreement (USMCA).
To the presenter’s question Power and politicsDavid Cochrane, when asked if he agreed with Mexico leaving if it does not tighten restrictions on Chinese products, Smith replied:
A thousand percent, I very much agree with what you are saying.
Alberta’s premier explained that Canada’s problem with Mexico was that it was not an equal partner with the United States.
“Besides this, They invite China to invest in Mexico“, said.
Last Tuesday, Doug Ford floated the idea of returning to a bilateral trade agreement between Canada and USA similar to the one that existed before the passage of NAFTA in 1994.
A Canadian politician accused Mexico of becoming “a back door for Chinese cars, auto parts and other products into the Canadian and American markets.”
He added that unless Mexico complies with Canadian and U.S. tariffs on Chinese imports, “it should have no place at the negotiating table.” and not have access to the world’s largest economy“.
What will happen to T-MEC?
The current trilateral pact between Mexico, the United States and Canada, known as T-MEC is due to be reviewed in 2026. American President-Elect Donald Trump He promised to review the agreement during the election campaign.
The situation is that Washington is concerned about the emergence Automotive factories in Mexico owned by the Chinese.
Chinese electric vehicle maker BYD is seeking locations in Mexico for a plant that can supply its products to the U.S. market.
In this regard, Danielle Smith assured that Chinese investment in Mexico is “devastating the manufacturing sector in both the US and Canada.” questionThat’s why I think we should take a two-pronged approach.“.
“If we can get a bilateral agreement, I think that will allow us to avoid tariffs and have a truly constructive relationship with the United States,” Smith added.
With information from CBC
Source: Aristegui Noticias
Roy Brown is a renowned economist and author at The Nation View. He has a deep understanding of the global economy and its intricacies. He writes about a wide range of economic topics, including monetary policy, fiscal policy, international trade, and labor markets.
