The United States will dispatch a negotiating team to Mexico City next week for the third bilateral round of talks aimed at reviewing the USMCA trade agreement.
The upcoming sessions will center on contentious issues including steel tariffs, automotive rules of origin, and broader commercial access, according to reports from El Financiero.
This development marks a continuation of the annual review process established after the U.S. government decided against extending the pact’s sunset clause to 2042.
Instead, the agreement remains in force until 2036 but is subject to yearly evaluations to ensure compliance and address emerging trade imbalances.
The third round of negotiations signals that both sides are actively engaging with these mandatory checks rather than seeking an immediate overhaul of the treaty’s core structure.
For market participants, the focus on steel and autos is critical.