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Mexico Opposition Demands Professional USMCA Talks After Trump Labels Pact ‘Irrelevant’

Oxford Economics outlines scenarios that could leave Mexico facing lasting shocks if talks falter.

Overview

  • During a visit to Ford’s Dearborn plant, U.S. President Donald Trump said USMCA offers no real advantage and that the United States does not need cars made in Canada or Mexico.
  • President Claudia Sheinbaum said North American integration will continue, pointing to U.S. companies’ extensive production in Mexico and claiming job creation benefits on both sides of the border.
  • PAN Senate leader Ricardo Anaya called the pact life or death for Mexico, asserting that about 85% of exports and roughly 12 million jobs depend on it, with nearly a third of wages linked to it.
  • PRI deputy leader Rubén Moreira questioned the profiles of Juan Ramón de la Fuente and Marcelo Ebrard for the talks and warned the United States might wait until after its midterm elections to sign.
  • An Oxford Economics report says U.S. growth would be minimally affected but warns Mexico could suffer a severe, lasting shock if renegotiation fails, with the July 1, 2026 review allowing either a 16‑year extension or annual reviews.