Mexico pushes to extend USMCA after Trump says he’d ‘rather have it terminated’

July 1, 2026 | 4:56pm

Mexican President Claudia Sheinbaum said Mexico has signed a 16-year extension of the U.S.-Mexico-Canada trade pact, adding that Canada has also completed the required step and is awaiting a response from the United States. Top trade officials from all three countries are set to meet July 1 to decide the agreement's future. If no extension is approved, Sheinbaum said the treaty will enter a formal review process to determine whether changes are needed. The proposal comes just weeks after President Donald Trump said he would rather scrap the pact altogether.