Ebrard says T‑MEC will stay in force for at least another decade

Mexico’s Economy Secretary Marcelo Ebrard announced that the North American trade pact (T‑MEC) will not be dissolved; the least‑favourable outcome is a ten‑year continuation after the July 1 review, unless the three parties agree to a 16‑year extension. He said Mexico will submit a joint letter, signed by President Claudia Sheinbaum, confirming its preference for the longer term, while the United States has not yet indicated support for automatic renewal. Ebrard stressed that any annual‑review scenario must avoid uncertainty for investors and highlighted the importance of rules of origin for the automotive and steel sectors.

President Sheinbaum rejected claims that recent U.S. accusations against Sinaloa governor Rubén Rocha Moya have created tension over the treaty, labeling such remarks “political propaganda” and reaffirming Mexico’s commitment to the agreement. The American Society of Mexico’s president, Larry Rubin, warned that negotiations may be longer than expected and will be tied to progress against organized crime.

Business leaders, including representatives from Zacatecas and Matamoros, echoed the government’s message, noting that the pending review presents opportunities for investment and near‑shoring, while stressing that the pact remains crucial for Mexico’s export‑driven economy.