Key facts
- U.S.-Mexico trade talks are active and moving in a positive direction.
- Mexican officials believed they were closing in on a deal to resolve concerns related to the USMCA.
- The fourth round of formal discussions on the USMCA is rescheduled for September 28-29.
The U.S. and Mexico are in advanced negotiations regarding the future of the U.S.-Mexico-Canada Agreement (USMCA), with an official stating that talks are active and moving in a positive direction. Any suggestion that a recent call between leaders did not go well is incorrect, the official added. Mexican officials believed they were nearing a resolution on concerns tied to the trade pact, which Trump signed during his first term. The fourth round of formal discussions, part of an ongoing review of the USMCA, has been rescheduled to September 28-29. This follows a third round of talks in July between Sheinbaum and U.S. Trade Ambassador Jamieson Greer in Mexico City, where progress was reported on issues including cars, steel, aluminum, agriculture, labor, and economic security.