Overview

• President Donald Trump floated scrapping the trilateral pact in favor of separate deals with Mexico and Canada, while signaling new tariffs as part of his trade approach.
• President Claudia Sheinbaum said the trade accord is enacted law in the United States, Mexico and Canada, stressing that altering it would require a complex, formal process in all three legislatures.
• Sheinbaum said the formal review has not begun, noted possible high-level outreach to Washington, and confirmed ongoing sector meetings next week to address concerns.
• Economy Secretary Marcelo Ebrard is in negotiations with U.S. counterparts and running nationwide consultations with Mexican businesses to prepare positions and seek relief from the truck tariff set to start November 1.
• USTR’s Jamieson Greer accused Mexico of falling short on obligations in energy, telecommunications and agriculture, while Mexican officials say roughly 50 U.S. application concerns are being clarified and that next year’s review will be orderly and coordinated.