The review of the Mexico, United States and Canada Agreement (USMCA) continues and so far “there is no sign that indicates that it will not be renewed,” said Economy Secretary Marcelo Ebrard on Thursday.
Ebrard’s statements occur a day after the president of the United States, Donald Trump, indicated that he will possibly let the USMCA expire, and that he will seek a new trade agreement with his neighbors.
“I very much respect President Trump’s statements, it is not my place to discuss anything with him, it is not my task; however, today while we are talking there is the consultation process in the United States,” Ebrard told the media at STS Forum Latam 2025 taking place in Cuernavaca, Morelos.
“So, in terms of the treaty review process, until today I have no sign that tells me that it is not going to move forward,” he added.
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“There are hearings in the United States that are part of the consultation process, why is there a hearing? because it is the consultation process mandated by law and that was also done in our country and was done in Canada,” he said.
Regarding the consultations that were carried out in Mexico, Ebrard recalled that the results will be presented in January 2026.
Trump declared on Wednesday, during a press conference in the Oval Office of the White House, that the USMCA expires in about a year and he will let it expire or perhaps reach another agreement with Mexico and Canada.
“Mexico and Canada have taken advantage of the situation. I don’t blame them because we had stupid people in charge, a lot of stupid people in charge,” he added, referring to the previous Government of Joe Biden.
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The USMCA was negotiated during Trump’s first term and came into force in 2020, replacing the North American Free Trade Agreement (NAFTA), which the Republican considered harmful to the United States.
The three countries must review the treaty in 2026.
With information from EFE
