Mexico’s Economy Secretary Marcelo Ebrard said the United States has until July 1 to decide whether it will remain in the United States–Mexico–Canada Agreement (USMCA), as required under U.S. law.
Ebrard noted that talks with U.S. officials are ongoing and that the review process is roughly 90 percent complete. He explained that an initial phase addressing Washington’s main trade concerns—covering more than 50 issues—has concluded, and that upcoming discussions will focus on each country’s priorities and on potential revisions to the existing agreement.
According to Ebrard, although the United States has experienced trade frictions with several partners, Mexico remains its largest trading partner, a factor that supports the likelihood of the agreement continuing. He added that Mexico expects the USMCA to be renewed with adjustments and aims to strengthen the framework to reduce uncertainty and limit the use of tariffs.
President Claudia Sheinbaum also said Mexico will work to preserve the trade agreement with both the United States and Canada, arguing that it remains beneficial for all three economies. She indicated that dialogue will continue with Canadian Prime Minister Mark Carney and U.S. President Donald Trump as part of the broader negotiation process.
The comments come amid recent diplomatic tensions between the United States and Canada, as well as public statements questioning the future of the trade pact.
Source: El Financiero
