Mexico Confirms USMCA Trade Pact Extension Amid Trump's Doubts

Mexico's Economy Minister Marcelo Ebrard affirmed that the US-Mexico-Canada trade pact (USMCA) remains intact and expects the three countries to finalize its extension by the July 1 deadline. This follows U.S. President Donald Trump's recent skepticism, calling the agreement "irrelevant." The treaty, a key part of Mexico's economy, requires joint review this year and could be extended for 16 years. Analysts note negotiations may continue into 2026 amid political and bilateral uncertainties.