I don’t know why Canada and Mexico haven’t done a press conference where they rip up the USMCA agreement.

[shaggysnacks@lemmy.myserv.one]

I don’t know why Canada and Mexico haven’t done a press conference where they rip up the USMCA agreement.

[7rokhym@lemmy.ca]

MEXI-CAN trade agreement?

[wampus@lemmy.ca]

Very difficult, as most traded goods pass through US boundaries via train/truck.

More "regular" trade agreements between individual states is generally more likely going forward I imagine, but the sort of integrated supply chains that we've all benefited from in North America for like.... decades and decades... is pretty well toast.

Eg. the US wants to build their own cars, in country. This means Canada and Mexico will likely also need to build their own cars, in country. Mexico has a bit more of an opportunity to build up integrated supply chains with countries in south america, though they tend to be a bit less stable -- the proximity is a win. It'd be really cool to see if they did though -- not sure what sorts of free trade agreements are around in the south, honestly.

Canada is busy trying to shore up agreements/trade with areas like asia and europe, as those are 'sorta' the same distance/calculus as shipping things via sea to mexico / south america.

It'd also be interesting if the waning of the US hegemony results in more western countries trading with traditionally 'blockaded' countries. Cuba has long been a Canadian vacation spot, but trade with Cuba has been limited due to US pressure. Given the current state of things, I don't see why Canada wouldn't increase trade there. And given the state of Cuba currently, it could be really beneficial for both country's people.

[13igtyme@lemmy.world]

Better than a Mexican't.

[turnip@sh.itjust.works]

Over 80% of exports go to the US, and without those exports Canada's debt load will implode the country. Its not actually an option to just accept the tariffs.