What Canada’s 50% Tariffs Mean for the Mexico USMCA Review
Mexico's economy chief set Canada as a benchmark for trade talks, but US-Canada talks collapsed and new tariffs took effect. Mexico seeks no new tariffs during its USMCA review. The post What Canada’s 50% Tariffs Mean for the Mexico USMCA Review appeared first on The Rio Times .
On 21 August 2026, Mexico's economy secretary, Marcelo Ebrard, expressed optimism about trade talks with Canada, despite the collapse of those negotiations earlier in the day. The US-Canada trade talks were set to end due to Trudeau's refusal to reciprocate tariffs on US goods, but it was only on 22 August that the 50% tariffs on Canadian goods took effect.
Ebrard emphasized that he hoped for similar outcomes in future negotiations, but did not comment on the US-Canada trade talks that had just collapsed. While Mexico sought no new tariffs during the review, it proposed that the US remove or reduce tariffs on Mexican cars and steel.
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