US's Neighbors Brace for Possible Trump Second Term Trade Implications

Reported about 1 year ago

US neighbors Canada and Mexico, traumatized by Trump's first term, are preparing for potential trade challenges under a second term. Canadian officials fear renegotiation of the USMCA deal if Trump wins, while Mexico is working on investment screening due to Chinese influence. Both countries are strategizing to maintain trade relations, with Canada emphasizing its economic importance to US states, and Mexico planning to counterbalance trade deficits with Asia. Discussions include concerns about potential tariffs, auto manufacturing rules, and the impact on jobs and economic growth.

Source: YAHOO

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