Mexico’s Economy Minister Marcelo Ebrard reaffirmed the stability of the U.S.-Mexico-Canada Agreement (USMCA) despite renewed skepticism from President Trump.
Key Takeaways
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Ebrard stresses continuity: Mexico’s economy minister said the USMCA remains “firmly intact,” signaling confidence in reaching an extension.
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Trump revives uncertainty: Trump’s renewed criticism and potential political considerations ahead of midterms heighten doubts over the pact’s timely renewal.
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Tariff pressure endures: Even if the deal is extended, business leaders anticipate continued U.S. tariffs on Mexican exports, which would weaken the treaty’s benefits.
