Overview

• President Donald Trump said the USMCA could be renegotiated or replaced with separate deals with Mexico and Canada after meeting Canadian Prime Minister Mark Carney.
• President Claudia Sheinbaum emphasized that the treaty is enacted law in the three countries and that any change would require a very deep, formal review with legislative processes.
• Foreign Minister Juan Ramón de la Fuente said Mexico expects a treaty review rather than a renegotiation, adding that the government is prepared and will defend sovereignty and national interests.
• Sheinbaum said Economy Secretary Marcelo Ebrard will lead consultations with businesses across sectors to shape Mexico’s negotiating stance for the upcoming review.
• U.S. pressure includes tariff moves and sectoral complaints, with reports of a 25% tariff on Canadian cars and planned heavy‑truck measures, while disputes in autos and steel remain focal points alongside concerns in energy, telecommunications and agriculture.