Overview
- Mexico’s president said her encounter with U.S. President Donald Trump and Canadian Prime Minister Mark Carney was friendly, produced little concrete progress, and ended with an agreement to keep working on trade.
- Sheinbaum reported that the three governments designated officials to continue technical coordination and that consultations with industries are underway ahead of the 2026 review.
- The Business Roundtable told the U.S. Trade Representative that Mexico’s policies create unequal treatment and legal uncertainty, urging that renewal proceed only with enforceable fixes.
- CEO concerns highlight energy rules favoring Pemex and CFE, telecom regulatory changes, airline slots and cargo restrictions, parcel‑delivery licensing, and opaque public procurement.
- The talks unfold against U.S. tariff measures and Trump’s public doubts about renewal, including a 25% levy on non‑USMCA goods and heavy trucks, 50% on steel, aluminum and copper, and 17% on Mexican tomatoes.