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Mexico expects early review of USMCA trade pact

  • Mexico expects the USMCA trade agreement review to start in the second half of 2025, ahead of the scheduled 2026 date.
  • This anticipation follows pressure from the U.S., particularly President Trump, who has pushed for earlier renegotiation of USMCA to gain better trade terms.
  • Canadian officials, including International Trade Minister Dominic LeBlanc, say the U.S. Has not indicated interest in an early review but want to address economic and security issues soon.
  • LeBlanc highlighted ongoing U.S. Tariffs of 25% on steel and aluminum, and 10% on energy and potash, and expressed hope for a short-term work plan to remove tariffs swiftly.
  • The early review and tariff discussions imply trade tensions remain, but officials aim for progress before the formal 2026 review to support North American economic cooperation.
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Mexico expects early review of USMCA trade pact

Mexico expects a planned review of the trilateral trade pact with the U.S. and Canada to kick off ahead of schedule, the nation's economy minister said on Monday.

·United Kingdom
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  • 56% of the sources are Center
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canadanewsvideo.com broke the news in on Sunday, May 11, 2025.
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