The USMCA revision process between Mexico and the United States will begin this Monday, according to information from the Mexican government.
This review is scheduled for July 2026, although in the United States it implies that a series of studies and consultations will be carried out beforehand.
The review is important because it is the first of its kind to be made and because U.S. President Donald Trump has announced plans to impose tariffs and reduce the U.S. trade deficit.
USMCA revision process
Trump planned to apply a 25% tariff on products from Mexico and Canada. However, Canadian energy imports will only face a 10 percent rate. In addition, purchases from China will face an extra 10 percent tariff.
But Mexican President Claudia Sheinbaum announced Monday that her country reached several agreements with President Donald Trump. As a result, the tariffs will be suspended for a month from now.
Through social networks, Sheinbaum highlighted that she held a “good conversation” with Trump, marked by “mutual respect” and “sovereignty”.
In addition, she mentioned that the two reached several agreements on trade and fentanyl migration.
Sheinbaum and Trump agreed to create a high-level working table on trade, which will include the Mexican Secretary of Economy and the U.S. Secretary of Commerce, among others.
“Remember that the revision of the Treaty (USMCA) is in 2026, but if we start from now with this dialogue, it helps us a lot; it is very good that immediately Secretary Marcelo Ebrard begins to dialogue with the US Secretary of Commerce and that they start working in this area,” Sheinbaum said at a press conference at the National Palace, in Mexico City.
Bilateral agreements
Marcelo Ebrard, Secretary of Economy, said Mexican officials had a good conversation with President Trump and reached a series of agreements:
- Mexico will reinforce the northern border with 10,000 National Guard elements immediately, to prevent drug trafficking from Mexico to the United States, particularly fentanyl.
- The United States commits to work to prevent the trafficking of high-powered weapons into Mexico.
- The teams will begin work today on two tracks: security and trade.