Mexico, the US, and Canada guarantee the validity of the USMCA until 2036 after its first review

They will continue with the joint review.

The governments of Mexico, the United States, and Canada have concluded the first joint review of the USMCA, agreeing to keep the treaty in force until at least 2036. The decision, anticipated by the private sector, provides certainty and strengthens the region's economic integration.

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The USMCA is consolidated as a pillar of North American competitiveness until 2036

The governments of México, Estados Unidos y Canadá have concluded the first review of the Mexico-United States-Canada Agreement (T-MEC), guaranteeing its validity until 2036. The agreement, reached on July 1, 2026, seeks to provide certainty to the markets and deepen the economic integration of América del Norte.

In a high-level virtual meeting, the Secretary of Economy of México, Marcelo Ebrard; the Sales Representative of Estados Unidos (USTR), Jamieson Greer; and the Minister of Trade of Canadá, Dominic LeBlancThey formalized the continuity of the trade framework. This process, contemplated in the treaty itself, establishes that the T-MEC It will remain in force and will be subject to future joint reviews that could extend its validity for an additional 16 years.

Since its implementation on July 1, 2020, the T-MEC It has proven to be a catalyst for supply chain integration and strengthening regional competitiveness. The outcome of this first review was widely anticipated by the private sectors of the three countries and by financial markets, and therefore came as no surprise, but rather reaffirmed the stability of the trade bloc.

The voice of the business sector has been key in this process. According to José Medina Mora, president of the Business Coordinating Council (CCE) of MéxicoThe support from the private sector has been constant. “The Mexican private sector, in coordination with its counterparts in Canadá y EE.UU.We have closely followed the negotiators throughout this process and are confident that within a reasonable timeframe we will have an agreement. T-MEC strengthened and with new opportunities for investment and strengthening of production chains in México", he claimed.

Impact on bilateral trade figures

The data confirms the strategic importance of the trade relationship. According to the Bureau of Economic Analysis of Estados Unidos (U.S. Bureau of Economic Analysis, BEA), US exports to México They represented 15.7% of the total between January and April 2026. Meanwhile, México remained the main supplier of Estados Unidos, with a market share of 16.9% in its imports.

Growth has been remarkable. Figures from the International Trade Commission Estados Unidos (U.S. International Trade Commission, USITC) indicate that exports of goods from EE.UU. a México increased 87.3% between the first four months of 2020 and the same period in 2026. The main sectors that have driven this dynamism are Machinery and equipment, motor vehicles and auto parts, and electrical equipment.

The dialogue will continue in the coming weeks, with the holding of the Third Bilateral Round of Review of the T-MEC across México y EE.UU. in the Ciudad de México (CDMX), where the business delegation will once again have a supporting role.

Source: US Bureau of Economic Analysis (BEA) and US International Trade Commission (USITC).

Trade Indicator (North America)	Period	Value / Country
US exports to Mexico (% of total)	January-April 2026	15.7 %
US exports to Canada (% of total)	January-April 2026	13.9 %
US imports from Mexico (% of total)	January-April 2026	16.9% (Main supplier)
US imports from Canada (% of total)	January-April 2026	11.3 %
Growth of US exports to Mexico	Jan-Apr 2020 vs Jan-Apr 2026	+ 87.3 %

Key points and frequently asked questions about the USMCA review

How does this decision affect Spanish companies with interests in the region?

For a Spanish company with operations, investments or export plans in Norteamérica, the confirmation of T-MEC until 2036 it offers a framework of long-term regulatory and tariff certaintyThis is especially relevant for strategies of nearshoring, as it guarantees the stability of the rules of origin and preferential access to the US market since México o Canadá.

What are the next steps in the treaty review process?

Although the overall joint review has concluded positively, the technical dialogue continues. The next key phase will be the Third Bilateral Round of Review between México y EE.UU., scheduled for the week of July 20th in the CDMXThese meetings address specific details and possible adjustments to optimize the functioning of the agreement.

Which export sectors benefit most from this stability?

The sectors most directly benefited by the consolidation of T-MEC These are those with highly integrated value chains in the region. They highlight the automotive and auto parts industry, the manufacture of industrial machinery and equipment, and the sector of electrical and electronic equipmentLong-term certainty encourages new investments and the expansion of productive capacity in these areas.