US, Mexico resume USMCA trade talks as Trump hits Canada with new tariffs
Negotiators will review autos, steel, agriculture and labor rules as the U.S. presses for tougher regional trade protections and a smaller trade deficit.
- On Tuesday, U.S. and Mexican trade negotiators opened a third round of bilateral USMCA talks in Mexico City, focusing on technical details of autos, steel, aluminum, and labor while excluding Canada.
- President Donald Trump declined to extend the six-year-old USMCA on July 1, initiating a 10-year wind-down clock that forces negotiators to finalize revisions before the trade pact's viability is compromised.
- Discussions address 'economic security,' USTR's term for raising trade protections against China, as the U.S. trade deficit with Mexico widened by $28 billion to $197 billion in 2025.
- These meetings follow Trump's new tariffs on nearly $20 billion of Canadian goods, deepening a rift that has kept Canada sidelined while industry groups urge preservation of the trilateral structure underpinning nearly $1.6 trillion in annual trade.
- Mexico's new ambassador, Roberto Lazzeri, stated that Mexico shares the goal of boosting North American manufacturing, noting 'Every moment that we're losing, I think we are losing competitiveness, market share and investment' as Mexico works toward a year-end deal.
34 Articles
34 Articles
Mexico and the United States began their third bilateral round of negotiations on the Treaty between Mexico, the United States and Canada on Tuesday, July 21.
Grassley says renewal of USMCA should be a ‘no-brainer’
Talks are underway in Mexico City to renew what’s known as the USMCA, the U.S.-Mexico-Canada Agreement and Iowa Senator Chuck Grassley says he strongly favors maintaining the important trade relationship with our neighbors. “The three countries of North America are almost a unified economy and ought to stay that way and do everything within USMCA,” […]
The trade negotiators of the United States and Mexico meet on Tuesday to hold a third round of bilateral talks with the aim of trying to advance the revision of the US trade agreement, just as President Donald Trump imposes a new set of punitive tariffs on Canada.The talks, from which Canada is excluded, will have a scheduled duration of three days and constitute the first formal discussions on the changes to the Agreement between the United Sta…
US and Mexico hold third round of USMCA trade talks
U.S. and Mexican trade negotiators will meet for a third round of bilateral talks on Tuesday to try to push forward with revising the North American trade agreement, just as President Donald Trump slaps Canada with a new set of punitive duties. The talks, which exclude Canada, are set to run for three days and...
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