North American politics took a notable turn this week as an unexpected trilateral encounter between Prime Minister Mark Carney, President Donald Trump and Mexican President Claudia Sheinbaum generated more intrigue than clarity. Ottawa and Washington insiders are quietly suggesting that the meeting touched on far more than soccer, feeding speculation about early positioning ahead of the coming CUSMA review. At the same time, shifting monetary policy expectations in both countries has added fresh texture to an already complicated Canada, United States, Mexico landscape.
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