The United States and Mexico have reportedly found much more common ground than the U.S. and Canada during ongoing North American Free Trade Agreement renegotiations. Now, the Trump administration admitted it could still levy auto tariffs on Canada.
Notably, General Motors, Ford and Fiat-Chrysler have large operations north of the border. GM recently moved K2 truck production to the Oshawa plant in Canada as it plans to sell the outgoing Chevrolet Silverado and GMC Sierra alongside the new T1 trucks.
“Probably sometime in the month of August we’ll be willing to render a report. It may not be necessary, or it may be necessary. We will see,” Commerce Sec. Wilbur Ross told CNBC in a Sunday report.
Canada has reportedly stood on the sidelines of current NAFTA talks as Mexico and the U.S. hash out details between one another. Canada insists it’s still very much a part of the discussions. Mexico has also said it speaks regularly to the country’s trade counterparts.
The Trump administration, and the president himself, has noted he’d be willing to work out a bilateral trade deal with Mexico and then negotiate a separate Canadian deal at a later point in time. However, both Canada and Mexico have gone on the record to support a trilateral deal via a modernized NAFTA.