The Mexican Ministry of Economy began a series of meetings on the review of the USMCA, scheduled for July 1, 2026.

Officials from the Ministry of Economy have met with representatives from the United States and Canada. They have also held talks with business leaders and multilateral organizations. The objective has been to review the USMCA and coordinate strategic positions. 

In February 2025, they held an inter-ministerial meeting with agencies of the Federal Public Administration. This marked the beginning of coordination efforts, in line with the instructions of the Fourth Meeting of the Free Trade Commission. 

That same month, consultations began with productive and industrial sectors. They also included services such as transportation, finance, courier, and parcel delivery. Between February and April, 34 meetings were held at the headquarters of the Ministry of Economy. This allowed them to gather information and define the strategic issues for the upcoming review.

Meetings on the review of the USMCA

From October 2024 to August 2025, the Ministry of Economy coordinated and participated in key USMCA meetings. Issues were reviewed in the Trade Facilitation, Private Commercial Disputes, Environment, and SME Affairs committees. 

Each meeting discussed projects to streamline trade, strengthen dispute resolution mechanisms, evaluate environmental commitments, and prepare for the SME Dialogue in the United States in November 2025.

In addition, 12 virtual meetings of treaty coordinators were held. Finally, Marcelo Ebrard reported that he met with representatives from 30 productive sectors to hear concerns and contributions regarding the review of the USMCA.

Regional trade

In 2024, Mexico consolidated its position as the United States’ main trading partner. It surpassed Canada and China with an exchange of goods worth $839.555 billion, 5.4% more than the previous year. 

In the first half of 2025, it achieved a historic surplus of $96.212 billion in its bilateral balance. These results show the strength of the joint work and the certainty offered by the USMCA. They also reinforce Mexico’s position vis-à-vis other competing economies.