U.S. Trade Representative Jamieson Greer appears on CNBC to discuss details of a new G20 sideline agreement with 14 other major economies to crack down on global factory overproduction, targeting excess manufacturing.
The discussion about the issues with Canada is around the 5:00 mark of the video below. As previously noted, President Trump and USTR Greer are happy with the current status of tariffs against Canada, they are having the desired effect, and meanwhile the U.S. is negotiating a ¹bilateral trade deal with Mexico.
¹♦ $30.76 billion in remittances reached Mexico in the first half of 2026 — a lifeline tethered to U.S. manufacturing employment, which depends on whether both governments can reach a durable trade framework. {source} Mexico, the govt, the economy, their internal stability, cannot afford to risk losing that influx of financial support.
Mexico’s Economy Secretary Marcelo Ebrard came out of the G20 Trade Ministerial in Milwaukee last week sounding the most optimistic he has in months. He had just spent nearly an hour across the table from U.S. Trade Representative Jamieson Greer, and his message was direct: “We are getting closer on many things — moving forward, narrowing positions, resolving issues. Every day we are closer to having new agreements,” Ebrard told reporters from Milwaukee.
Any and every bit of progress with Mexico must be like a pin in the voodoo doll that is Canada.
Nearly $31 Billion in first half of this year alone, is OUTRAGEOUS!
Why in the Hell is our Government continuing to allow this to continue, is beyond me!
Continued…Both the Canadian and Mexican Government’s would collapse, if the US stopped allowing them to feed off of us like the parasites they are!
THIS is NOT what I voted for!!!
(apologies for the poor grammar in original post, failed to proofread)
id guess letting someone conquer our natural land allies from within and having them fall would be counter to our interest.
I would like to see the Mexico trade deal include a tax on remittances back to Mexico.
That’s money taken out of our economy based on labor in our economy and it needs to be taxed fairly to compensate us for the loss of economic activity.
From the little that I actually know about it… I imagine that the focus should be on ‘illegals’ only. I don’t see how (we) can obstruct any legal residents/citizens from sending funds to family members to make their lives better. Am I missing something?
Don’t know, but it most certainly should apply to “free” money gleaned from social services like welfare, etc.
But making sure illegals earning money here cannot send it back is vital.
Force them to at least spend it here.
Yes definitely. They are able to transmit most of their earnings back to Mexico because they use the food banks, clothing banks and all religious providers. They cook for large number of people in a central household…bill
Arrogant Canadian leadership thinks they’re smarter than PDJT and Mexico’s leadership.
The Canadians are in for a rude and deadly surprise when the Mexico trade deal closes, we give them notice we’re out of their trade deal, and their economy crashes into hell on earth.
Needless to say, our negotiating position with Canada is “aboot” to be considerably stronger. Tick tock snow Mexicans.
Don’t you just love the groups of people who come to our country to shop and live because it is better then wave their country of origin flags in our faces…bill
Excerpt: “…a new G20 sideline agreement with 14 other major economies to crack down on global factory overproduction, targeting excess manufacturing.”
Is the overproduction a direct violation of existing trade agreements? Maybe that’s answered in the interview. I’m just wondering what the basis is for the US telling other nations how much they are allowed to produce. Who decides what constitutes excess manufacturing?
Marco Rubio’s speech from Greece was astounding (I so loved having the complete transcript!) and he bore down on the point that America’s benefits, of all kinds, are intended to be used for Americans. I would think that cuts both ways – that if other nations want to produce lots of stuff, using their own resources, they get to do that.