USMCA

The Border Report Live episode discusses the bridge expansion project moving forward despite uncertainty around USMCA. The project is funded through the Department of Transportation's Better Utilizing Investments to Leverage Development (BUILD) grant program.

Mexico ranked 10th globally for foreign direct investment (FDI) in 2025 with $41 billion inflows, a 10.8% increase from 2024. President Claudia Sheinbaum expressed confidence in future renewal of the USMCA trade pact and announced plans for a stronger response to the death of a Mexican national in ICE custody.

President Donald Trump attributed Toyota's $3.6 billion expansion of its Texas truck plant to his tariffs, which led to moving some production from Mexico. The expansion will create 2,000 jobs and double Toyota's Texas footprint by 2030 amid USMCA negotiations.

The article presents a weekly news quiz covering Mexico's new weapon against screwworm, World Cup ticket prices, a large public celebration in Mexico City, hotel investments in Costa Mujeres, security strategy outcomes, USMCA trade deal updates, and Pemex's oil import status.

Mexico's IPC closed flat at 67,060 on July 3 as the US declined to renew USMCA. ASUR fell 2.2%, and the peso remained near 17.45.

Mexico's Secretariat of Economy proposes genetically modified avocados with laser-etched images of President Donald Trump's face to save the USMCA trade agreement. The initiative, called 'Aguacate Presidente,' aims to scale production to cover 40% of U.S.-bound avocado exports by Q4, amid concerns over U.S. tariff threats and USMCA renewal.

Washington declined to renew the USMCA on its sixth anniversary, triggering a decade of annual reviews. The decision splits Mexico from Canada and reshapes Latin America's trade dynamics.

Washington downgrades USMCA, a Lima court reclaims China's Chancay port, and Milei targets the central bank. The article highlights these three key developments in Latin American news for July 3, 2026.

Washington declined to renew the USMCA trade agreement, leading to a decade of annual reviews. This decision impacts Mexico, Canada, and Latin America through a tariff standoff and potential reshaping of the hemisphere's trade dynamics.

Washington refused to renew the USMCA on 1 July, initiating annual reviews and creating uncertainty over $2tn in trade. The article highlights the implications for Latin America.

Ford CEO advocates for a level playing field with Toyota and GM imports during USMCA trade talks. Ford assembled over 2 million vehicles in the U.S. last year, including 311,000 units for export.

Mexico's IPC stock index rose 0.42% to 67,248 on July 1, rebounding above 67,000 as the US avoided renewing the USMCA trade deal in its current form but did not terminate it, reducing market fears. The decision eased concerns about a harsh outcome for trade relations.

The Trump administration announced the U.S. will not renew the USMCA trade deal, which President Donald Trump negotiated in his first term. The USMCA is a key trade agreement involving the U.S., Mexico, and Canada.

Foreign exchange experts predict the Mexican peso will trade at 17.78 to the US dollar in 12 months, a slight depreciation from its current rate. The Bank of Mexico has maintained steady interest rates, which analysts say supports the peso, though uncertainty over the USMCA trade agreement weakens economic outlooks.

The U.S. has declined to renew the USMCA trade agreement in its current form, stating it will continue negotiations to address trade deficits and modify the pact. The agreement remains in force until 2036, with annual reviews required. Mexico and Canada had sought to extend the agreement until 2042.

The US, Canada, and Mexico have begun negotiations to renew the USMCA trade pact, with the US objecting to immediate extension and demanding changes to address issues like trade deficits and supply chain concerns. Failure to reach an agreement could dissolve the pact by 2036, potentially disrupting North American auto production and increasing car prices.

The U.S. will not renew the USMCA trade agreement, creating an opportunity for new negotiations with Canada and Mexico. President Donald Trump's main concern with USMCA is America's trade deficits with these countries, according to a senior administration official.

The U.S. is skipping the renewal of the USMCA trade agreement, opting for annual negotiations instead. Trade Representative Jamieson Greer stated the U.S. is not ready to automatically renew the pact, initiating a 10-year review period before its expiration.

A new survey indicates bipartisan support for the Trump-led trade deal with Canada and Mexico, known as USMCA, despite the president's efforts to renegotiate its terms.

The article examines the key issues and potential outcomes in the USMCA negotiations. It highlights the significance of the agreement among the United States, Mexico, and Canada.

Key congressional Republicans support the Trump administration's potential decision to let the USMCA trade deal with Canada and Mexico lapse rather than renew it immediately. President Trump has criticized the existing agreement, and trade representatives are expected to continue negotiations for changes instead of extending the deal for 16 years. Rep. Adrian Smith, a Republican trade panel chair, stated discussions are warranted to achieve a stronger USMCA.

The US, Canada, and Mexico are beginning complex negotiations to renew the USMCA trade pact, which replaced NAFTA in 2020. The process faces challenges as the US seeks changes that could disrupt supply chains and raise car prices, while President Donald Trump threatens to withdraw from the agreement. The pact, requiring renewal every six years, is unlikely to be extended unchanged beyond the July 1 deadline.

Mexico and Canada have formally requested to extend the USMCA trade pact by 16 years to 2042. The U.S. has not yet responded, while the three countries' trade chiefs held a virtual review on July 1, the first mandatory checkpoint six years after the agreement took effect.

President Claudia Sheinbaum announced a virtual trilateral USMCA review meeting on Wednesday involving Mexico, the U.S., and Canada, while wishing Mexico's national football team (El Tri) good luck ahead of their match against Ecuador. She also confirmed Mexico is sending power generators to Venezuela to aid recovery from recent earthquakes.

US President Donald Trump has warned he would 'rather not have' the USMCA free trade agreement ahead of its July 1 review, leading analysts to expect uncertainty for businesses.

The article examines the potential challenges to the USMCA trade agreement during a hypothetical second term of Donald Trump as president.

The article highlights that American farmers require the USMCA trade agreement more than ever. It emphasizes the importance of USMCA for agricultural interests.

Mexico's President Claudia Sheinbaum and Canada's Prime Minister Mark Carney met in Mexico City to discuss the USMCA trade deal, trade, investment, and work visas for Mexicans. The meeting took place during Carney's visit to Mexico on September 18, 2025.

Mexico's stock market decreased slightly by 0.28% to 67,226 on Friday, retaining most of its previous day's gains ahead of the July 1 USMCA trade review.

The article examines the future of the USMCA trade deal, questioning its sustainability in North America. It highlights concerns about the agreement's long-term viability.

President Trump may withdraw from the USMCA trade agreement with Mexico and Canada, potentially affecting Texas businesses. Negotiations to extend the agreement, which replaced NAFTA, are expected to go past a July 1 deadline.

President Trump stated he would 'rather not have' the USMCA trade deal, which is up for review next month, increasing the risk of its collapse. The deal, replacing NAFTA, is critical for North American supply chains, but Trump suggested he might refuse to sign it during a joint review deadline in July.

The Trump administration claims to have ended Biden-era catch-and-release policies, achieving zero interior releases of illegal aliens for 12 months. It highlights securing both northern and southern borders, addressing vulnerabilities like terrorist apprehensions at the northern border and smuggling through Canada, while advocating for trade agreements like USMCA to pressure Canada and Mexico on border security.

Canadian Prime Minister Mark Carney highlighted U.S. restrictions on Anthropic’s advanced AI models as a warning against overreliance on American providers. Anthropic removed Fable 5 and Mythos 5 from public access to comply with Trump administration export controls, which Carney linked to Canada’s efforts to diversify trade and technology. He emphasized the need for global AI diversification during the G7 summit discussions.

Canadian Prime Minister Mark Carney warned that U.S. restrictions on Anthropic’s advanced AI models, Fable 5 and Mythos 5, highlight risks of overreliance on American providers. He emphasized the need for diversification in AI development and trade, linking it to Canada’s goal of doubling non-U.S. exports. The U.S. export controls, part of Trump’s administration directives, have prompted Anthropic to limit access to its most capable models due to cybersecurity concerns.

Mexico’s Economy Ministry announced a strategic framework for renewing the USMCA trade agreement, citing a 94% probability that U.S. President Donald Trump will announce its renewal within 90 days, based on his public opposition. The strategy relies on the TACO Doctrine, a predictive model derived from Trump’s pattern of reversing prior threats.

Canadian Prime Minister Mark Carney emphasized strengthening ties with Europe to counter U.S. influence, highlighting combined economic and defense capabilities. He discussed middle-power cooperation ahead of the G7 summit in France, while trade tensions persist between Canada and the U.S. over the USMCA agreement.

The article presents a weekly news quiz covering recent developments in Mexico, including President Sheinbaum's meeting with a U.S. bank CEO, Mercado Libre's investment plans, tourism's role in employment, and the debut of Mexico's first proprietary electric vehicle, Olinia. It also addresses World Cup-related topics and trade agreement discussions.

The World Bank forecasts Mexico’s 2026 economic growth at 1.3%, the slowest among large regional economies, with projections of 1.7% in 2027 and 1.9% in 2028. Mexico’s growth trajectory remains below 2% for years, linked to uncertainties around the USMCA review.

US President Donald Trump stated he is 'not looking to renew' the USMCA trade deal with Canada and Mexico, a move that could impact North American economies. Analysts note that while delaying renewal gives the US leverage, it risks deterring regional investment, despite increased trilateral trade in recent years.