Overview
- Mexico’s foreign secretary Roberto Velasco Álvarez told reporters in Ottawa on Friday that Mexico will not pursue a separate U.S. deal that would exclude Canada and that the three‑way CUSMA architecture should continue.
- The United States declined to automatically renew CUSMA at the July 1 checkpoint, triggering rolling annual reviews and prompting calls from Canada and Mexico to keep the agreement intact.
- U.S. Trade Representative Jamieson Greer has said formal talks with Mexico are progressing faster than talks with Canada, and U.S. and Mexican officials have scheduled a third round of bilateral negotiations next week in Mexico City.
- Canadian ministers have downplayed concerns about Mexico being further along, noting each partner has distinct bilateral issues to resolve and pointing to Ottawa’s recent reversal of some trade measures as part of its response to U.S. demands.
- If talks do not settle remaining disputes, the deal could wind down over the next decade unless leaders reach an agreement, making a direct understanding between President Trump and Prime Minister Carney a likely path to a final resolution and added certainty for workers and businesses.