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2h ago

USMCA Faces New Strain as Trump Signals Bilateral Deals and 25% Truck Tariff

U.S. trade officials opened consultations citing Mexican noncompliance, with a mid‑November hearing scheduled.

Para Canadá, México no deja de ser un socio atractivo para transacciones comerciales.
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Overview

  • President Trump said the pact could be renegotiated next year or replaced with separate deals with Mexico and Canada.
  • USTR Jamieson Greer asserted Mexico is falling short on obligations in energy, telecommunications, agriculture and labor, and argued extension talks make no sense until compliance improves.
  • Trump announced a 25% duty on medium and heavy trucks, set to take effect on November 1, a move expected to hit Mexican exports.
  • Visiting Mexico’s Congress, Canadian Senator Peter Boehm warned that scrapping the trilateral framework would be a mistake and urged focusing on targeted fixes.
  • Senator Boehm and Mexican deputy Pedro Haces Barba pressed for formal worker participation in the review as the USTR prepares a public comment process and a mid‑November hearing.