US EditionEcon Minister Reports Progress in USCMA Negotiations: Thursday's Mañanera Recapped
Mexico expects a USMCA extension despite U.S. tariffs and political uncertainty, with a July 1 review deadline and potential 16-year extension, analysts say.
- On Thursday, Mexico's Economy Minister Marcelo Ebrard said CUSMA remains intact and the three parties will close a deal to extend it despite U.S. President Donald Trump casting doubt earlier this week in Dearborn, Michigan.
- Amid security and tariff talk, Mexican officials note President Donald Trump’s threats of military action against cartels and tariff rhetoric have injected new uncertainty, Marcelo Ebrard’s comments since Trump’s doubts earlier this week highlight this link.
- If extended, the treaty will remain in place another 16 years, but the Trump administration’s 50% steel and aluminum duties and 25% car tariffs on Mexican exporters are expected to persist, Pedro Casas said.
- Ebrard noted progress while analysts cautioned the window for a July 1 review is closing fast, Alexia Bautista warned at President Claudia Sheinbaum's daily press conference.
- Analysts note the review must finish by July 1, as CUSMA underpins Mexico's economy and without extension faces annual reviews, raising stakes for exports and trilateral relations.
21 Articles
21 Articles
The Mexican government assured Thursday that it was progressing with Washington in the planned revision of the North American trade agreement ACEUM.
The Mexican government said on Thursday, January 15, that it is moving forward with Washington in reviewing the North American trade agreement (T-MEC), at a time when U.S. President Donald Trump is questioning its relevance.At the morning presidential press conference, Economy Secretary Marcelo Ebrard told journalists that they practically have face-to-face or virtual meetings with their U.S. peers every week to be able to conclude the process o…
The revision of the Treaty between Mexico, the United States and Canada (T-MEC) is progressing and would have a deadline for renewal, according to Economy Secretary Marcelo Ebrard. “We have a positive and very professional dialogue; we are practically in contact weekly,” Ebrard said about the talks with US trade representatives. During the ‘morning’ conference on Thursday, January 15, the secretary added that as part of Mexico’s main objectives …
Secretary of Economy Ebrard is committed to strengthening the dispute panels to ensure a symmetrical commercial relationship and legal certainty between Mexico, Canada and the US.
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