American and Mexican negotiators open three days of talks in Mexico City with autos, steel, and Chinese transshipment on the table, and the future of North American free trade increasingly negotiated one year at a time MEXICO CITY, July 21, 2026. United States and Mexican negotiating teams convened in the Mexican capital on Tuesday for…
Washington and Mexico City open a decisive third round of USMCA review talks this week, with tougher auto content rules, metals verification, and China’s growing footprint in Mexican factories at the center of the table By the US Trade Desk, Peacock Tariff Consulting WASHINGTON, July 20, 2026 The United States and Mexico begin their third…
With the continental pact unrenewed and rolling annual reviews now the rule, Washington opens a third bilateral round with Mexico while Ottawa waits for a seat at the table OTTAWA, July 18, 2026. The trilateral trade agreement that has governed the North American economy since 2020 has entered an uncertain new chapter, and Canada is…
What an open-ended joint review means for North American supply chains – and what importers should be doing now On June 10, 2026, speaking from the Oval Office, President Donald Trump said the United States is “not looking to renew” the United States–Mexico–Canada Agreement (USMCA), the trilateral pact that replaced NAFTA in 2020 and that…
A free-trade partner that pays more than countries with no free-trade deal at all There is a peculiar arithmetic at the heart of North American trade in the summer of 2026, and it has Mexican negotiators quietly furious. Mexico is the United States’ closest manufacturing partner, the largest single source of imported cars on American…
U.S. refusal to renew North America’s trade pact at its mandatory six-year review pushes CUSMA into a decade of annual check-ups – and leaves the tariff shield covering most Canadian exports riding on negotiations Ottawa has not yet formally begun. By the Canada Trade Desk | Peacock Tariff Consulting OTTAWA – July 3, 2026 –…
An analysis of the benefits and costs of the agreement entering annual review, written July 1, 2026 Executive Summary On July 1, 2026 – the sixth anniversary of the Canada-United States-Mexico Agreement’s entry into force – the mandated joint review under Article 34.7 concluded without the unanimous confirmation required to extend the agreement for a…
An analysis of the benefits and costs of the agreement entering annual review, written from the perspective of Canada’s agriculture and agri-food portfolio – July 1, 2026 Executive Summary On July 1, 2026 – the sixth anniversary of the Canada-United States-Mexico Agreement’s entry into force – the mandated joint review under Article 34.7 concluded without…
An analysis of the benefits and costs of the agreement entering annual review, from the perspective of binational manufacturers operating plants in both Canada and the United States – July 1, 2026 Executive Summary On July 1, 2026, the joint review mandated by Article 34.7 of the Canada-United States-Mexico Agreement concluded without the unanimous confirmation…

On June 10, President Trump told reporters he is “not looking to renew” the Canada-U.S.-Mexico Agreement, three weeks before the pending July 1 review deadline. The statement dominated headlines at this week’s Canada-U.S summit in Toronto, where Prime Minister Carney and U.S. Ambassador Hoekstra were both pressed on what comes next. But Trump’s comments don’t…