Her remarks follow Trump’s recent statement casting doubt on the USMCA’s renewal, arguing that the United States does not need anything from Canada and Mexico.
Supporting the US-Mexico-Canada Agreement (USMCA) on free trade, Mexican President Claudia Sheinbaum said she is ready to discuss the merits of the deal with President Donald Trump if needed.
A more protectionist US stance has introduced new challenges, she noted.
Her remarks follow Trump’s statement casting doubt on the USMCA’s renewal, arguing that the US does not need anything from Canada and Mexico.
“The treaty benefits all three countries. The first treaty had its problems for the United States. This second treaty was signed by President Trump himself,” Sheinbaum said during her daily press conference in Mexico City.
“What is proposed is a review. Why is it law? Because it was approved by the United States Congress, the Mexican Congress or Senate, and in Canada as well,” she was quoted as saying by global newswires.
Mexico is hoping to reduce US tariffs on steel, aluminum and cars as part of the deal’s current review process, said Sheinbaum.
However, the US government’s more protectionist stance has introduced new challenges, she noted.
The United States is insisting that North American goods be manufactured on US soil, while “we say it should not just be the United States, but the entire region, precisely because it is a free trade agreement,” she added.
Fibre2Fashion News Desk (DS)