Carney talks CUSMA review with Mexican president as official negotiations loom

Text to Speech Icon

Listen to this article

Estimated 4 minutes

The audio version of this article is generated by AI-based technology. Mispronunciations can occur. We are working with our partners to continually review and improve the results.

Prime Minister Mark Carney spoke with Mexican President Claudia Sheinbaum on Friday as the two countries are gearing up for the North American trade agreement review this year.

The two leaders touched on a number of topics, including the upcoming review of the Canada-U.S.-Mexico Agreement (CUSMA), according to a readout from the Prime Minister’s Office.

“They agreed to work in close coordination to address shared economic priorities and challenges, and deliver greater certainty, security, and prosperity for their peoples,” the readout of the phone call said.

Sheinbaum met with U.S. Trade Representative Jamieson Greer earlier this week. The U.S. and Mexico are set to being official talks on CUSMA late next month, but Canada doesn’t yet have a similar official start date.

The text of the agreement says July 1 is the date by which the three ​countries need to ​either approve a renewal ⁠of the existing agreement or signal their intention to exit the pact, but that process can take up to 10 years.

WATCH | New U.S. trade advisory panel to meet after a week of jibes from Trump officials:

Carney’s new U.S. trade advisory panel to meet after a week of jibes from Trump officials

Ahead of important trade talks with the U.S., Prime Minister Mark Carney has formed a 24-member advisory committee on Canada-U.S. economic relations as President Donald Trump defends his tariff strategy to revive U.S. business at the expense of Canadian industries. Unifor national president and advisory committee member Lana Payne joins Power & Politics ahead of their Monday meeting.

Both U.S. and Canadian officials have said talks will likely go past that July 1 date.

Janice Charette, Canada’s chief trade negotiator, said earlier this week that based on talks she’s had with Greer, she expects the U.S. to work out some details with Canada and Mexico separately.

“There’s a bilateral piece as well as a trilateral [piece] — my counterpart in the U.S. has described this to me as a kind of snap-on Lego bilateral piece to the underlying framework [of CUSMA],” she said Wednesday during a Canadian Chamber of Commerce summit in Ottawa.

Carney and Sheinbaum also discussed bilateral ties outside of CUSMA, according to the readout.

A Mexican trade delegation is scheduled to launch a three-city tour of Canada at the beginning of May that will also include bilateral trade talks between government officials. That visit follows one of the largest Canadian trade missions ever in February, which touched down in Mexico City, Guadalajara and Monterrey.

WATCH | Tariff relief for aluminum manufactures hinges on increased production in the U.S.:

Tariff relief for aluminum manufactures hinges on increased production capacity in the U.S.

The U.S. is offering some tariff relief to Canadian and Mexican steel and aluminum manufacturers, but only if they increase their production capacity inside the United States. Jean Simard, president and CEO of the Aluminium Association of Canada and a recent appointee to Prime Minister Carney’s Canada-U.S. economic advisory committee, joins Power & Politics to discuss.

“The prime minister and the president highlighted the results of a successful Team Canada Trade Mission to Mexico earlier this year that resulted in over 20 new commercial partnerships and agreements. Prime Minister Carney welcomed Mexico’s upcoming trade mission to Canada,” Friday’s readout said.

The call comes as both countries are being hit with U.S. tariffs on steel and aluminum.

On Thursday, U.S. President Donald Trump announced that his administration is now offering Canadian and Mexican aluminum and steel companies immediate tariff relief if they commit to moving production to the United States in the future.

Those tariffs, as well as other U.S. sectoral tariffs, came up as officials in both Canada and the U.S. publicly aired trade grievances.

During an appearance before a congressional committee this week, Greer criticized Canadian provinces for removing U.S. alcohol from the shelves — something that was initially done last year in response to Trump’s tariffs.

Carney bristled at a question about Greer’s comments during a news conference on Thursday, pointing to the U.S. sectoral tariffs.

“You know what’s an irritant? A 50 per cent tariff on steel and aluminum, 25 per cent on automobiles, all of the tariffs on forest products. Those are more than irritants. Those are violations of our trade deal, OK?” Carney said.

While Greer has suggested the sectoral tariffs are an issue outside the purview of the CUSMA review, Canadian officials have insisted the two issues must be discussed in tandem.

Canadian tourist killed in Mexico

During his call with Sheinbaum on Friday, Carney also thanks the president for her “support and co-operation” after a Canadian was shot and killed in Mexico earlier this week.

The Canadian tourist — who has not been publicly identified — was killed when a gunman opened fire from one of Mexico’s most visited pyramids on Monday.

Another 13 people were injured during the attack. The gunman, a Mexican citizen, died at the scene from a self-inflicted gunshot wound.

Visited 1 times, 1 visit(s) today

Related Article

Nvidia’s trillion-dollar run puts pressure on the bulls

BEIJING, CHINA – MAY 14: Nvidia CEO Jensen Huang (C) gestures as he prepares to depart following a welcome ceremony at the Great Hall of the People on May 14, 2026 in Beijing, China. President Trump is meeting with President Xi Jinping in Beijing to address the Iran conflict, trade imbalances, and the Taiwan situation

Permutations in Europe: What’s still at stake in final weeks of season?

There’s still plenty to play for across Europe as we head into the final matches of the club season. Here are all the title races, Champions League fights, and relegation battles left to be decided in the top leagues this month. This story will be updated until the end of the campaign. 👉 Jump to:EPL

Brewing a Better Half-Gallon Batch

Today I finally ran an experiment I’ve wanted to try for a long time. If you’re a professional barista—or you run a busy café—this may save you some time. Most coffee shops use 1–1.5 gallon batch brewers (Bunn, Curtis, Fetco, etc.). When I opened Short Sleeves Coffee, I intentionally avoided brewing full 1-gallon batches. I

5 Frozen Breakfasts Chefs Say Keep You Full All Morning

Chef-approved frozen breakfasts with more protein and better ingredients. Eating a healthy breakfast every morning is a great way to start the day, but most people don’t have time to cook. Whether you’re rushing out the door in the morning for work, taking the kids to school or both, there’s usually not much time in

CA scales back plan to ban student use of cell phones

By Carolyn Jones, CalMatters This story was originally published by CalMatters. Sign up for their newsletters. Until last month, California was poised to join nearly a dozen other states that ban cell phones in K-12 schools. But under pressure from school boards and administrators, lawmakers scaled back a bill that would have required such a

BulkQuant Launches AI Trading Bot for Crypto, Forex, and Stock Markets

BulkQuant Launches AI Trading Bot for Crypto, Forex, and Stock Markets

London, United Kingdom, May 15, 2026 (GLOBE NEWSWIRE) — BulkQuant has officially launched its AI trading bot platform designed for crypto, forex, and stock market traders seeking a simpler way to automate trading strategies across multiple financial markets. The platform combines AI-powered quantitative analysis, automated trade execution, portfolio monitoring, and adaptive risk management into a

IMF lauds resilient Hong Kong economy but warns of risks linked to Middle East war

IMF lauds resilient Hong Kong economy but warns of risks linked to Middle East war

The International Monetary Fund (IMF) has lauded the resilience of Hong Kong’s economy, noting a sustained recovery despite economic activity having yet to return to pre-Covid levels, while warning of downside risks stemming from escalating geopolitical tensions. It also urged Hong Kong to pursue medium-term financial reforms, including the introduction of a goods and services

Smithsonian Presidents Exhibit Reopens With Low-Key Trump Impeachment Mention

For the past year, the Smithsonian Institution has found itself in the awkward position of telling the nation’s story while being supported in part by a government that wants to narrow how that story is told. In December, the White House threatened to revoke funding to the institution if it did not hand over a

Marvel’s Daredevil Follow-up Is Already Dominating on Streaming

A follow-up to Daredevil: Born Again Season 2 on Disney+ has become a massive streaming success within days of its launch. The Punisher: One Last Kill has quickly climbed to the top of multiple charts, beating out other titles on the platform. The MCU television special follows the gun-toting vigilante, who finds himself targeted by

Is Now a Bad Time to Invest?

The market has been on a roll lately, with the S&P 500 (SNPINDEX: ^GSPC) setting new highs throughout May. If you think you missed your opportunity when the market bottomed in late March, don’t fret. The market hitting new all-time highs is not particularly rare and should not change your investment strategy. And if you

6 bids for Hong Kong land sale signal renewed confidence despite market caution

6 bids for Hong Kong land sale signal renewed confidence despite market caution

The Hong Kong government’s first land sale in the current financial year has drawn six bids, according to the Development Bureau, including those from the city’s largest developers, suggesting a more confident outlook for the residential property market. At the close of tender for Tung Chung Town Lot No 54 at Area 106A on Friday

Each Premier League team reranked: Man City rise; Chelsea, Liverpool collapse

Ryan O’Hanlon Close Ryan O’Hanlon ESPN.com writer Ryan O’Hanlon is a staff writer for ESPN.com. He’s also the author of “Net Gains: Inside the Beautiful Game’s Analytics Revolution.”  and  Bill Connelly Close Bill Connelly ESPN Staff Writer Bill Connelly is a writer for ESPN. He covers college football, soccer and tennis. He has been at

Trump departs China after two-day summit

Trump departs China after two-day summit

IE 11 is not supported. For an optimal experience visit our site on another browser. Trump Wraps China Summit With Xi Jinping: What Are the Results? 05:41 Xi gives Trump rare tour of secret garden at heart of Chinese government 01:04 Now Playing Trump departs China after two-day summit 01:01 UP NEXT Special Report: Trump

Carol Chow was facing a bankruptcy petition by five people over unspecified debts at the time of her death. Photo: Dickson Lee

Embattled Hong Kong developer sued for HK$130 million, days after founder’s death

A Hong Kong property developer has been sued for HK$130 million (US$16.6 million) over allegedly breaching guarantor obligations in two bond subscription agreements, becoming the latest lawsuit to implicate the embattled company and following its founder’s sudden death earlier this week. Lofter Group, known for its urban renewal projects across the city’s core districts, and

Trump’s China visit left chip export issue unresolved

This report is from this week’s The Tech Download newsletter. Like what you see? You can subscribe here. One look at the roster of U.S. execs that cozied up to U.S. President Donald Trump on the 20+ hours flight from Alaska to China on Wednesday and you get a sense of the American delegation’s key focus

Why the Cerebras IPO matters for the AI race with China

Why the Cerebras IPO matters for the AI race with China

Cerebras, an AI chipmaker, saw its shares nearly double on Nasdaq, closing up 70% with a $95B market cap. Cerebras’s powerful chips are key in the US-China AI tech race. Chris Buskirk, co-founder and chief investment officer of 1789 Capital, a key Cerebras investor, says the company’s IPO is geopolitically significant. On Thursday, shares of

Fitbit Air vs Whoop Strap Comparison: Price, Features and AI

The Google Fitbit Air is very much the talk of the fitness tracking town right now, not only because it’s the first new Fitbit device that we’ve had in years, but it’s also one of the first big brands to go head-to-head with the established Whoop Strap (if you don’t count the Polar Loop and

0
Would love your thoughts, please comment.x
()
x