Ahead of the upcoming joint review of the United States–Mexico–Canada Agreement (USMCA), business organizations from the three member countries expressed their support for maintaining and reinforcing the agreement.
The Mexican Business Council, the U.S. Business Roundtable and the Business Council of Canada urged their respective governments to work toward strengthening and extending the trade pact—an approach that contrasts with recent remarks by U.S. President Donald Trump, who suggested reevaluating its continuity.
From Washington, the organizations highlighted the importance of maintaining the trilateral framework, strengthening economic security cooperation and guaranteeing tariff-free movement of goods that comply with the agreement’s rules. They stated that such measures would contribute to long-term regional competitiveness and stability.
The groups emphasized that economic integration in North America has generated significant benefits over the past decades. Since USMCA came into force, cross-border economic activity has expanded, contributing to growth, employment and competitiveness throughout the region.
The Mexican Business Coordinating Council (CCE) confirmed that its representation in Washington is participating in public hearings organized by the Office of the U.S. Trade Representative (USTR). These hearings conclude the public consultation phase before the formal review process begins.
The CCE noted that its president, Francisco Cervantes, submitted a document in late October outlining the Mexican private sector’s perspective.
More than 100 representatives are scheduled to participate, including business chambers, legislators, unions, think tanks and nonprofit organizations. Other U.S. business associations, including the Business Roundtable, the U.S. Chamber of Commerce and the National Association of Manufacturers, also presented testimony.
During his participation, Sergio Gómez Lora, representing the CCE, said that extending the agreement beyond 2026 would send a strong signal of economic unity and readiness to compete globally.
He outlined three points he considers strategic: Mexico remains the top destination for U.S. exports; it is the leading market for 24 key U.S. industries, including agriculture, chemicals, textiles and automotive components; and Mexican exports contribute to employment generation in the United States.
Gómez Lora also pointed out the high presence of U.S. components within Mexican exports, which reinforces shared manufacturing supply chains. Roughly 40% of Mexican exports are intermediate goods used in U.S. production.
Finally, he noted that both economies are highly complementary, resulting in more accessible consumer prices and stable supply chains. For example, U.S. consumers benefit from year-round access to fresh produce, while Mexican livestock producers rely on U.S. grain, strengthening protein availability in Mexico.
Source: Ovaciones
