# U.S., Mexico reach NAFTA deal, turn up pressure on Canada

> The United States and Mexico agreed on August 27, 2018 to overhaul NAFTA, leaving Canada under pressure to accept new auto trade and dispute settlement terms. Trump said he could still tariff Canadian cars and expected concessions on Canada's dairy protections. Negotiators said at least one major issue remained open.

- Date: 2018-08-27 · published 2018-08-27T12:00:00.000Z
- Category: trade · region North America · magnitude medium
- Page: https://feedsoft.ai/events/63754-u-s-mexico-reach-nafta-deal-turn-up-pressure-on-canada
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Canada's dairy and auto terms and the risk of tariffs keep trade uncertainty high for North American grain, oilseed and feed flows, and Mexico is a major buyer of US corn. A finished deal would reduce that risk, while a breakdown could hit feed demand and freight.

## Read by commodity

- CORN: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2017-09-07 | [Mexico presses to open Canadian, U.S. agricultural export markets](https://feedsoft.ai/events/68924-mexico-presses-to-open-canadian-u-s-agricultural-export-markets.md) | -1.8% | +3.2% |
| CORN | 2024-04-09 | [Canada argues against Mexico’s restrictions on GM corn \| CBAN](https://feedsoft.ai/events/30702-canada-argues-against-mexico-s-restrictions-on-gm-corn-cban.md) | -0.4% | +2.2% |
| CORN | 2021-09-21 | [USTR talks trade with China, Mexico, Canada, future partnerships \| Capital Press](https://feedsoft.ai/events/44959-ustr-talks-trade-with-china-mexico-canada-future-partnerships-capital-press.md) | +1.8% | +1.7% |
| CORN | 2018-08-20 | [U.S. drops agriculture demand from NAFTA talks - Mexico farm lobby](https://feedsoft.ai/events/63512-u-s-drops-agriculture-demand-from-nafta-talks-mexico-farm-lobby.md) | -2.8% | -4.9% |
| CORN | 2025-10-29 | [Comments to USTR on the Review of the U.S.-Mexico Canada Agreement (USMCA) - Public Citizen](https://feedsoft.ai/events/22352-comments-to-ustr-on-the-review-of-the-u-s-mexico-canada-agreement-usmca-public.md) | -0.2% | +0.8% |

## Sources

- finance.yahoo.com: https://finance.yahoo.com/news/mexico-u-nafta-agreement-close-135719745.html

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.