Mexico and Canada Say Nafta Should Be Renegotiated Trilaterally

The foreign ministers of Mexico and Canada presented a unified front ahead of potential trade talks withÌęPresident Trumpâs administration, stressing that the North American Free Trade Agreement has benefited all three countries.
Mexicoâs Luis Videgaray and Canadaâs Chrystia Freeland said Nafta should be renegotiated with all three nations seated at the table, rather than in bilateral discussions.
RELATED: Top freight executives leery of trade fight with Mexico
âWe very much recognize that Nafta is a three-country agreement,â Freeland said Feb. 21 at a panel discussion with Videgaray in Toronto ahead of private trade talks. âWe really value our relationship with Mexico.â
BeforeÌęFreeland andÌęVidegaray met for their talks, Trump said trade with Canada neededÌęonly a âtweakâ as opposed to a more thorough reset with Mexico, a comment he made after Canadian Prime Minister Justin Trudeauâs visit to the White House during the week of Feb. 13. Mexican President Enrique Pena Nieto canceled a January meeting with the U.S. president afterÌęTrump tweeted that Nieto shouldnât come unless Mexico was prepared to pay for a border wall to stop undocumented immigration.
RELATED: What refashioning an iconic 1990s trade deal may look like
Mexicoâs relationship with theÌęUnited StatesÌęgoes deeper than Trumpâs âdamagingâ rhetoric, Videgaray said. He has been to meetings in Washington twice since the presidentâs inauguration and said he was confident the two nationsâ issues could be resolved. âWe will work it out in a way that is constructive and positive for both countries,â the foreign minister said.
Earlier Feb. 21, Mexican Economy Minister Ildefonso Guajardo said he expected Nafta negotiations to start in the summer and that Mexico wouldnât initiate talk about tariffs, calling any discussion of new import taxes a âPandoraâs box.â
âNothing in the new Nafta should be a step backwards,â he said.
Freeland took a more reserved position, saying Trumpâs trade team, including commerce secretary nominee Wilbur Ross, have yet to be confirmed. As a result, she said, Canada has had no specific discussions with the United States yet about Nafta.
âWe all collectively have to be quite careful not to get ahead of ourselves,â she said.
The morning event began with remarks by Brian Mulroney, a former Canadian prime minister who has been acting as an informal emissary to Trump for Trudeau. Mulroney, who signed Nafta in 1992 and who spoke to the president Feb. 18 at Mar-a-Lago in Florida, was asked about reports that Canada would abandon its southern partner and deal directly with the United States.
âYou can forget this under-the-bus argument,â Mulroney said. âThis under-the-bus stuff is for losers, not winners, and Canada is a winner.â
Canadaâs ambassador to the United States, David MacNaughton, saidÌęin January thatÌęCanada will âcooperate on trilateral matters when itâs in our interest, and weâll be looking to do things that are in our interest bilaterally also.âÌęHe made his commentsÌęat a meeting where Blackstone GroupÌęChairman Stephen Schwarzman assured Trudeauâs Cabinet that Trump was targeting Mexico, not Canada, in his trade overhaul.
Ìę