The addition of CO and methanol to 3,3,3‐trifluoropropyne is catalysed by Pd(OAc)2 in the presence of (6‐methylpyrid‐2‐yl)diphenylphosphine and CH3SO3H. The main products of the reaction are the methyl esters of 2‐(trifluoromethyl)propenoic acid 1 and of 3‐(trifluoromethyl)propenoic acid 2 (4,4,4‐trifluorobut‐2‐enoic acid). The regioselectivity of the reaction can be controlled to a great extent by a suitable choice of the composition of the catalytic system and the reaction conditions. Thus, 1 can be obtained in 93% yield by using P(CO)=20 atm and high ligand/Pd and acid/Pd ratios. On the other hand, selectivity up to 85% in 2 can be achieved using P(CO)=80 atm and a low ligand/Pd ratio together with a high acid/Pd ratio. The reaction mechanism is also discussed.