Trump’s Tariff Salvo Is Already Defining USMCA 2.0
Ahead of renegotiation, Mexico can use its leverage to strengthen economic ties with the U.S. and Canada, writes an expert.
MEXICO CITY — How should Mexico respond to President-elect Donald Trump’s pledge to impose a 25% tariff on imports from its southern neighbor While the first reaction may be plain retaliation, this decision risks painful escalation between countries that are already each other's biggest trading partners. A more persuasive approach lies in refining the United States, Mexico, and Canada free trade agreement (USMCA), whose formal review is scheduled for July 2026 and is all but certain to come sooner. The threat of tariffs on Mexican goods and services—and, by extension,...
Read this article on the Americas Quarterly website. | Subscribe to AQ.