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Us Says It Will Advance Renegotiation of the T-Mec

Summary by diario.mx
For the United States, more than a "revision," next year there will be a renegotiation of the Trade Agreement with Mexico and Canada (T-MEC). US Trade Secretary Howard Lutnick said yesterday that the talks that will begin on July 1, 2026 will serve to reformulate the agreement that President Donald Trump negotiated in 2020, during his first term in the White House. "The President will definitely renegotiate the TMEC, but that will be within a ye…

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The Mexican peso gained ground as the weighted dollar index weakened after the last comments made by the U.S. Secretary of Commerce, Howard Lutnick, regarding the renegotiation of the T-MEC.The data of the Bank of Mexico (Banxico) reflected that the exchange rate was at 18,6617 pesos per dollar, representing an appreciation of 0.37 percent or 6.95 cents, compared to its last closing data.

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For the United States, more than a "revision," next year there will be a renegotiation of the Trade Agreement with Mexico and Canada (T-MEC). US Trade Secretary Howard Lutnick said yesterday that the talks that will begin on July 1, 2026 will serve to reformulate the agreement that President Donald Trump negotiated in 2020, during his first term in the White House. "The President will definitely renegotiate the TMEC, but that will be within a ye…

Emilio Cadena makes a projection for the new T-MEC

Donald Trump’s government gave yet another signal about his intentions regarding the T-MEC, of which the U.S. will seek a renegotiation rather than a review, something in which analysts look for more complex scenarios in the relationship between the three trading partners. Howard Lutnick, U.S. Secretary of Commerce, said that it makes all the sense for Trump to renegotiate the T-MEC, in order to protect jobs, but it also resurfaced pressure on a…

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Clearly today in the Mexico-EU relationship political optics already takes a foot off the economic ground, especially Donald Trump’s priority in arresting criminal groups, fentanyl and migration. Go the above is clear with the tomato, although that country has no way of replacing 70% of that vegetable coming from Mexico. In that same logic would fit the pronouncement of Howard Lutnick, Trade holder in the sense that the T-MEC will be “renegotiat…

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The new scenarios for the revision of the trade agreement between Mexico, the United States and Canada (T-MEC) point to the possibility of partitioned agreements, short-term revisions and the imposition of custom tariffs, said Raymundo Díaz Robles, CEO of Capital Analyst.Díaz Robles explained that a partitioned trade agreement involves dividing the agreement into several specific sectors.Under this scheme, revisions could be made in shorter term…

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Proceso broke the news in Mexico on Sunday, July 20, 2025.
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