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2025-09-19 07:27:53
[Mexico, the United States and Canada agree to continue to implement the USMCA] On September 18, local time, Mexican President Sheinbaum stated that Mexico, the United States and Canada agreed to continue to implement the current USMCA. Sheinbaum said that even if the United States imposes tariffs, there are no tariff barriers for the vast majority of export goods. The current USMCA can still promote the development of North American trade. The three countries have reached a consensus on this. Canada and Mexico agreed to strengthen the implementation of the agreement. For this purpose, she will meet with Canadian Prime Minister Carney. The USMCA replaced the North American Free Trade Agreement in 2020 with a validity period of 16 years, but stipulates an evaluation and revision every six years. The first revision will start in July 2026. On the 17th of this month, the Mexican government announced the launch of a public consultation process for the revision of the USMCA. Citizens, businesses and related industries can participate within 60 days.
