<span fr-original-class="customBullet" fr-original-style="font-size: 24px; line-height: 12px; vertical-align: middle; display: inline-block;" style="font-size: 24px; line-height: 12px; vertical-align: middle; display: inline-block; box-sizing: border-box;">•&nbsp; NAFTA tariff drift: Canada and Mexico are exchanging blows over their ambitions to secure bilateral trade agreements with the US.<ul fr-original-style="padding-inline-start: 20px;" style="padding-inline-start: 20px; margin-top: 0px; margin-bottom: 1em; box-sizing: border-box;"><li fr-original-style="" style="box-sizing: border-box;">A step back:&nbsp;Trump said last week that he would impose 25% tariffs on all imports from Mexico and Canada. Canadian PM Justin Trudeau immediately flew to Florida to start negotiations with president-elect Trump.</li><li fr-original-style="" style="box-sizing: border-box;">What they're saying:&nbsp;Canadian officials were quick to distance their country's border issues from those of Mexico, arguing that drug smuggling and unlawful crossings at the southern border were much higher, and that Mexico was serving as a "back door" in North America for Chinese investment.</li></ul><ul fr-original-style="padding-inline-start: 20px;" style="padding-inline-start: 20px; margin-top: 0px; margin-bottom: 1em; box-sizing: border-box;"><li fr-original-style="" style="box-sizing: border-box;">Punchline:&nbsp;Mexican President Claudia Sheinbaum told the Associated Press this week that “Mexico must be respected, especially by its trading partners”. She added that Canada had its own social problems with fentanyl use, adding the country “could only wish they had the cultural riches Mexico has”.</li></ul>

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