The US and Mexico are launching a long-awaited review of their trade agreement with Canada, as Mexican leaders seek to shield their economy from Donald Trump’s global trade crusade.
Mexico, the US’s largest trading partner, fears the US president may push for significant changes to the USMCA, the 2020 trade deal he signed during his first term to replace Nafta, as he tries to bring more manufacturing to the US.
Canada is due to hold separate talks with Mexico in May but has yet to set a date for its formal negotiations with the US. Canada and Mexico have both said they want the USMCA to remain a trilateral agreement.
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