Sheinbaum says US cannot cancel T-MEC unilaterally, treaty safe until 2036

Mexican President Claudia Sheinbaum has moved to calm fears over the future of the USMCA (T-MEC), stating that the trade deal cannot be unilaterally terminated by the United States and remains in force until 2036 even if Washington declines to extend it for 16 years. In her morning press conference, Sheinbaum emphasized that any complete withdrawal by the US would require congressional approval. Source: Infobae

What's at stake

Sheinbaum clarified that if the United States does not send a letter confirming its desire for a 16-year extension, the treaty does not automatically end. Instead, it continues with annual reviews. Mexico and Canada have already signed their positions in favor of extension, and the decision now rests with President Donald Trump. Source: Excelsior The Mexican government also aims to use the upcoming review process to address tariffs on steel, aluminum, and vehicles imposed through Section 232, which operate outside the T-MEC framework. Source: Infobae

Reactions and next steps

Sheinbaum expressed confidence, stating, "We have done everything we had to do, we are calm." Source: Excelsior She noted that business leaders in all three countries support the treaty due to integrated supply chains. A virtual meeting between trade officials from Mexico, Canada, and the US is scheduled, with Mexico's Economy Secretary Marcelo Ebrard providing details afterward. If the US does not agree to the 16-year extension, a formal review process will begin, and a US delegation is expected to visit Mexico in mid-July. Source: Excelsior Sheinbaum also highlighted that without the T-MEC, prices of cars, steel, and aluminum would rise for US consumers. Source: Infobae