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35 West

35 West

Closer to USMCA Extension? Preliminary Agreements With Mexico and Canada

Aug 20, 2026 · 32m

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About this episode

On July 1, the United States, Mexico, and Canada sat down to decide the future of their trade agreement. Mexico and Canada said yes, but the United States said no to the agreement at least in its current form. The agreement didn't end that day, but instead triggered a cycle of annual reviews that could run for the next 10 years. In this episode, Diego Marroquín Bitar sits down with Juan Carlos Baker, resident fellow with the Georgetown Americas Institute and one of the architects of the original USMCA. Together, they discuss the future of trilateral trade, recent U.S. tariff announcements, and the prospects of reaching an interim agreement before the end of the year.