Mexico and United States conclude first round of T-MEC negotiations

Mexico and the United States ended the first round of negotiations to review the T-MEC, focused on automotive origin rules and issues of steel and aluminum.

The talks took place on May 28 and 29 in Mexico City. The Ministry of Economy reported a positive outcome and highlighted a constructive dialogue between the delegations.

The parties advanced on priority issues for North American productive integration. Mexico stressed that the treaty's strength lies in regional value chains.

The schedule for upcoming meetings was confirmed. The second round will take place on June 16 and 17 in Washington D.C., while the third will be held during the week of July 20 in Mexico City.

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Diplomats from Mexico and the United States shaking hands after TMEC review talks in Mexico City.
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Mexico and US Advance in Third Round of T-MEC Review and Schedule Fourth for September

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After concluding the third round of bilateral talks from July 21 to 23 in Mexico City, Mexico and the United States agreed to hold the fourth stage in the first half of September.

Mexico and the United States concluded the first formal round of talks to review the T-MEC last week in Mexico City.

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The Office of the United States Trade Representative announced that its negotiating team will arrive in Mexico City next week for the third bilateral round of T-MEC negotiations.

The governments of Mexico and Canada have signed support for a 16-year extension of the T-MEC ahead of the July 1 trilateral virtual meeting. The United States has yet to define its position, though reports indicate it will not back the immediate extension.

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The United States government confirmed on July 1 that it will not renew the T-MEC for 16 years and will seek annual reviews with Mexico and Canada due to trade imbalances.

President Claudia Sheinbaum and Ursula von der Leyen signed the modernization of the Global Agreement between Mexico and the European Union today.

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Mexican exports to the United States reached a record 54.179 billion dollars in May, up 17.5 percent year-over-year, according to US Census Bureau data. Mexico solidified its position as the top US trading partner. The United States-Mexico-Canada Agreement (USMCA) was not renewed on July 1 and will undergo annual reviews for the next ten years.

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