US and Mexico schedule trade negotiations without Canada
The US and Mexico set three trade talk rounds through July to revamp the USMCA. These bilateral meetings exclude Canada amid disputes over industrial tariffs.
The United States and Mexico will launch three rounds of bilateral trade negotiations this week, with Canada having limited involvement in the initial talks. The move bypasses the trilateral framework of the USMCA, which governs $1.6 trillion in annual North American trade. Investors face supply chain uncertainty as Washington pressures Ottawa over metal tariffs and defense procurement choices.
### Bilateral Rounds Focus on Industrial Rules Deputy U.S. Trade Representative Jeffrey Goettman leads the first session in Mexico City on Thursday and Friday. These talks focus on economic security and rules of origin for industrial goods. USTR Jamieson Greer remained in Washington for a cabinet meeting.
