Key facts
- Mexican President Claudia Sheinbaum said she spoke with US President Donald Trump on Wednesday and they reached some agreements.
- Sheinbaum described the call as "very good" and stated progress is being made toward a potential agreement between Mexico and the United States.
- Washington is accelerating efforts to reach a bilateral trade deal with Mexico before the US midterm elections in October.
- The US and Mexico are in advanced negotiations regarding the USMCA, with talks active and moving positively.
- The fourth round of formal discussions on the USMCA is rescheduled for September 28-29.
Mexican President Claudia Sheinbaum stated on Friday that she spoke with US President Donald Trump on Wednesday, and they reached some agreements. Washington is accelerating its efforts to finalize a bilateral trade deal with Mexico before the US midterm elections in October. Sheinbaum described the call as "very good" and indicated that progress is being made toward a potential agreement between Mexico and the United States. The call was initially reported by Politico. U.S. and Mexican officials believe they are nearing a resolution on concerns tied to the USMCA, 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.