MEXICO CITY (Reuters) -Mexico expects a planned review of the trilateral trade pact with the U.S. and Canada to formally begin at the beginning of the fourth quarter this year, Economy Minister Marcelo Ebrard said on Tuesday.
“The formal start is expected at the end of September, the first week of October, for evaluation,” Ebrard told journalists on the sidelines of a banking event.
The USMCA, which replaced the North American Free Trade Agreement in 2020 and was negotiated during U.S. President Donald Trump’s first term, requires the three countries to hold a joint review after six years.
Ebrard previously said he expected the review to start in the second half of the year, ahead of schedule.
Trump has publicly pushed for the agreement to be renegotiated ahead of time and has called for the U.S. to receive better trade terms with all of its commercial partners.
(Reporting by Brendan O’Boyle, Editing by Natalia Siniawski)
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