The Globe and Mail reports in its Friday edition that Prime Minister Mark Carney and his Mexican counterpart President Claudia Sheinbaum vowed closer ties Thursday against the backdrop of rising U.S. protectionism and the likelihood Donald Trump will soon make major demands to renegotiate the trilateral U.S.-Mexico-Canada Agreement. The Globe's Steven Chase writes that Mr. Carney signed what he and Ms. Sheinbaum call a "strategic comprehensive partnership" pact aimed at deepening two-way trade and investment. The document is also intended to signal an end to Canada-Mexico indifference. They said they would prioritize the development of trade infrastructure including ports, rail and energy corridors and invest and trade more in areas including energy, critical minerals and agriculture. Mr. Carney was also asked about statements this week by U.S. Ambassador Pete Hoekstra, who said the Trump administration had hoped to negotiate a grander bargain with Canada than simply a renewal of the USMCA. The envoy said this bigger deal Washington had hoped for would have encompassed a multitude of issues including defence, energy and autos. The Prime Minister acknowledged a more expansive agreement was not a consideration right now.
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