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Canadian Economy and Markets

Mexico acknowledges Canada’s concerns about Chinese auto plant [Video]

MEXICO CITY –

Mexico’s president acknowledged Thursday that Canada is concerned about reports of a Chinese company’s plan to build an auto plant in Mexico, but she said it does not currently exist.

President Claudia Sheinbaum said she talked recently to Canadian Prime Minister Justin Trudeau and that he assured her he did not support excluding Mexico from the U.S.-Mexico-Canada trade agreement.

But Trudeau said later Thursday that while having Mexico in the agreement “is my first choice,” he is “leaving all doors open” on the future of the trilateral trade pact.

“Pending decisions and choices that Mexico has made, we may have to look at other options,” Trudeau said at an appearance in Canada.

On Wednesday, provincial leaders in Canada called on Trudeau to negotiate a bilateral trade deal with the United States that would exclude Mexico.

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