Mexico, US and Canada T‑MEC annual review spurs business demand for stronger legal certainty

The United States‑Mexico‑Canada trade agreement (T‑MEC) will remain in force until 2036 and will be subject to annual reviews starting in 2027. The United States has decided not to extend the pact beyond 2042, prompting Mexican business groups to call for greater legal certainty, more rigorous documentation of goods origins, and increased digitalisation of logistics. Eva María Muñoz, president of the Mexican Association of Freight Forwarders (Amacarga), said the agreement “is not cancelled, but it is not insulated” and stressed the need for permanent dialogue, evidence‑based decisions, and stronger regulatory compliance.

Amacarga also highlighted the importance of modernising the supply chain, simplifying procedures, and recognising international freight agents as strategic actors to maintain North‑American competitiveness. The association noted that, for now, the annual review process does not threaten existing rules of origin, tariff preferences, or the flow of goods.

Separately, Mexican banks will from 1 July 2026 require a valid official ID (such as a voter‑ID card or passport) for cash deposits, withdrawals, or other transactions of 140,000 pesos or more, as part of a regulatory move by the Association of Banks of Mexico to improve identification in high‑value cash operations.