Mexico’s Economy Minister says that the country is gearing up for an earlier than planned review of USMCA.
While the review is scheduled to begin in 2026, Mexico expects it to start later this year.
USMCA replaced NAFTA in 2020 during the first Trump administration and requires the three countries to review the terms every six years.
This review would mark its first and comes as Mexico is working on negotiating favorable terms with the U.S. for the trade of tomatoes, steel, aluminum, and cars.
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Kansas farmers warn that broad tariffs could put additional pressure on agricultural profitability.
The White House says a new agreement could eliminate the U.S. trade deficit with Mexico.
As Canada and the United States continue to navigate trade disputes, the review offers farm groups an opportunity to argue for preserving access to integrated North American agricultural markets.