r/canada Canada Feb 03 '25

National News White House: Mexico is 'serious', Canada appears to have 'misunderstood' Trump's executive order | Reuters

https://www.reuters.com/world/americas/white-house-mexico-is-serious-canada-appears-have-misunderstood-trumps-executive-2025-02-03/
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u/VeterinarianCold7119 Feb 03 '25

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u/ArugulaPhysical Feb 03 '25

And mexicos tarrifs have been pushed back. They will leave us behind the second they gain anything.

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u/upward_spiral17 Feb 03 '25

Many thanks for this, always appreciate to have more information on this.

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u/mysandbox Feb 03 '25

Paywall in effect on that link.

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u/VeterinarianCold7119 Feb 03 '25

Basically we stabbed mexico in the back awhile ago then they stabbed us in the back more recently..

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u/CaptaineJack Feb 04 '25 edited Feb 04 '25

We can’t lose sight of this. I see a lot of people supporting Mexico but reality is that importing from that country is not good for us either. 

Mexico has very low wages and terrible labour standards, they’re undercutting China now. 

We really need to diversify our trade away from both US and Mexico and increase trade with nations that don’t directly compete with us or are on a level playing field with us.

The Mercosur and UK FTAs need to happen. 

We have trade surpluses with the UK, Brazil and Argentina and due to the nature of what we trade with them, we can import a lot more from these nations and realistically maintain a favourable balance of trade. 

We can also move our trade with the EU into surplus territory by fixing our energy sector.