Trump Working on New Mexico Deal, Confident on Canada Pact

President Donald Trump announced that the United States is negotiating a "new deal" with Mexico, asserting it will significantly benefit American interests. He also conveyed optimism about finalizing a trade pact with Canada, highlighting the critical role of American farmers in these discussions.

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We should be able to close a deal with Canada.

"We should be able to close a deal with Canada," Trump stated, adding, "I have dealt with the prime minister; we have to have a good relationship and, yes, we have to take care of our farmers. Our farmers are very important to me."

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I have dealt with the prime minister; we have to have a good relationship and, yes, we have to take care of our farmers. Our farmers are very important to me.

Trump reiterated his commitment to securing favorable agreements, declaring, "I only close good deals; it will be a much better deal for the United States, both with Canada and Mexico." This comes as Mexico's Economy Secretary, Marcelo Ebrard, expressed confidence that Mexico is nearing "substantive agreements" with the U.S. in their ongoing trade negotiations.

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I only close good deals; it will be a much better deal for the United States, both with Canada and Mexico.

Ebrard noted that Mexico has presented numerous proposals and anticipates positive outcomes soon. His remarks were made following the inauguration of InnovaFest Querétaro 2026, indicating progress in the trade talks surrounding the USMCA (United States-Mexico-Canada Agreement).

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Mexico has presented many elements already, and I would think that we are close to substantive agreements.