USMCA Trade Talks Gain Momentum as Canada Waits in the Wings. Amidst the anticipation of a potential renegotiation of the United States-Mexico-Canada Agreement (USMCA), the US and Mexico have initiated their bilateral trade talks, marking a significant step towards revamping the trilateral trade pact. The move comes as Ottawa and Washington have yet to schedule official talks, sparking concerns that Canada may be left out of the loop. The US-Mexico negotiations are expected to focus on key areas such as tariffs, intellectual property, and labor standards, raising questions about how Canada will fit into the revised agreement. As the talks progress, observers will be watching closely to see if Canada's participation is secured, and what concessions it may need to make to stay on board.
While official USMCA trade talks between Ottawa and Washington have yet to begin, the United States and Mexico have started their negotiations.