The US trade deficit with Mexico is not deliberate, said Mexico’s Ministry of Economy when it released the results of the public consultation meetings for the review of the United States-Mexico-Canada Agreement (USMCA). According to data from the U.S. Department of Commerce, this deficit was $196.913 billion in
Mexico, Japan, South Korea, Canada, and Germany ranked as the top exporters of cars to the United States in 2025, according to data from the Department of Commerce. From around the world, U.S. car purchases totaled $183.827 billion, a 16% drop from 2024. Exporters of cars to the
The review of the United States-Mexico-Canada Agreement (USMCA) scheduled for July 2026 is expected to include discussion of new rules of origin, both in the automotive sector and for non-automotive manufactured goods. In consultations conducted in 2025 by the White House Trade Representative (USTR), the BlueGreen Alliance wrote
The United States has signed eight Trade Reconciliation Agreements (ART) and is preparing to sign another nine. The United States Trade Representative (USTR) reported that it has signed ARTs with Argentina, Bangladesh, Cambodia, El Salvador, Guatemala, Indonesia, Malaysia, and Taiwan. Trade Remediation Agreements The USTR has also signed
In 2025, China recorded a significant decline among the main countries with which the US has its largest trade deficits. This negative balance was reduced at an annual rate of 31.6% to $202.071 billion, according to data from the Department of Commerce. This amount is the result of
The United States Trade Representative (USTR) made the renewal of the United States-Mexico-Canada Agreement (USMCA) conditional on the resolution of several issues during the 2026 Joint Review. Firstly, US trade policy will prioritize correcting imbalances in foreign trade, following the detection of a sustained increase in bilateral trade