The USMCA review on the brink of a trade war

In this first episode of 2025, we are joined by Juan Carlos Machorro and Alejandro Luna, partners at our firm, to discuss the 2026 review of the United States-Mexico-Canada Agreement (USMCA) and what to expect from it in the coming year. With the upcoming inauguration of President Donald Trump in the United States, the Mexican, U.S., and Canadian governments are expected to prepare their positions regarding the USMCA review, in a context of increased protectionism and President-elect Trump's threats to impose tariffs on all foreign goods.