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OTTAWA — Foreign Affairs Minister Anita Anand and Finance Minister Francois-Philippe Champagne flew to Mexico Monday to talk economic growth, trade and security with President Claudia Sheinbaum.
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The ministers’ two days of meetings are taking place as Prime Minister Mark Carney makes plans to visit Mexico to meet with Sheinbaum soon.
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Anand is expected to hold a virtual press conference from Mexico Tuesday at 5:45 p.m. EDT.
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The U.S. hit Canada on Friday with a 35 per cent tariff on goods not compliant with the Canada-United States-Mexico agreement on trade, known as CUSMA. Mexico, meanwhile, received a 90-day reprieve from threatened higher U.S. levies.
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CUSMA is scheduled for a mandatory review next year.
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Ontario Premier Doug Ford last year called for a bilateral trade deal between Canada and the United States because he said Mexico was serving as a back door for Chinese auto parts and vehicles entering the North American market.
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The automotive sector is one of the biggest drivers of trade between Canada and Mexico. Vehicles and auto parts account for 20 per cent of Canada’s exports to Mexico and 37 per cent of Canadian imports from its southern partner, according to Economic Development Canada.
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The auto sector has been a key target of U.S. President Donald Trump‘s tariffs. The North American automotive supply chain is spread between the three countries and Trump has said he wants to build up end-to-end auto manufacturing in the U.S.
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Mexico is one of Canada’s biggest trading partners for various commodities, including oil and gas, steel and aluminum.
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Canada’s imports from Mexico include tropical fruits, broadcast equipment and medical devices, according to Mexico’s economy ministry.
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Anand and Champagne were also expected to meet with Canadian and Mexican business leaders during their trip.
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