Mexico, US and Canada to Hold Virtual Meeting on July 1 as USMCA Review Begins

Mexico’s Secretary of Economy Marcelo Ebrard announced that the second formal round of USMCA (T‑MEC) negotiations between Mexico and the United States concluded in Washington, covering rules of origin, economic security, agriculture and the automotive sector. He said the first day of the mandatory review will be July 1, when the three governments will meet virtually to present their positions and decide whether the pact will be automatically extended for 16 years or move to a ten‑year rolling‑review regime. A further round of detailed text discussions is scheduled for July 20 in Mexico City. Ebrard also mentioned a “plan B” in case the United States, under President Donald Trump, refuses an automatic extension.

U.S. lawmakers are monitoring the review, noting the agreement governs about $1.3 trillion in cross‑border trade and that Trump has expressed opposition to the deal. Analysts describe the review as a test of North‑American economic security and competitiveness, with potential impacts on sectors such as autos, aerospace, semiconductors and on export‑driven regions like the Bajío and Coahuila, where governor Manolo Jiménez met the U.S. ambassador to discuss cooperation and the treaty’s future. The outcome will shape trade rules, investment certainty and supply‑chain dynamics for the three countries.