US-Mexico trade talks intensify as Canada faces potential exclusion from USMCA
US and Mexican leaders held a phone call to finalize a trade deal ahead of the US midterm elections, with negotiations focusing on autos, steel, and Chinese investment. While US officials called the discussion constructive, Mexican sources described it as contentious. Meanwhile, Canada remains in a tariff dispute with Washington, raising concerns that Mexico may secure a bilateral agreement first, potentially shifting North American manufacturing and agricultural supply chains away from Canada.









