A bipartisan bill was introduced in the House to ask the U.S. trade representative to push Mexico and Canada to establish an investment screening regime and coordinate on "shared threats from investments in strategically important economic sectors and critical infrastructure in North America."
Mexico’s Senate this week voted 76-5, with 35 abstentions, to approve new higher tariffs on a range of products imported from China and other countries that don't have free trade agreements with Mexico, according to an unofficial translation of the Senate's news release.
Almost 75 House members, from both parties, asked the U.S. trade representative to hold Canada accountable for not meeting its dairy commitments under USMCA. The U.S. already brought two panels against Canada over the issue of its tariff rate quota administration, and while it won some arguments in the first dispute, Canada's fixes were ruled adequate in the second (see 2311240002).
Boston-based e-commerce company Wayfair has urged the Office of the U.S. Trade Representative to address several non-tariff trade barriers that it says hinder its ability to export goods into Canada.
House Ways and Means Committee member Rep. Jodey Arrington, R-Texas, introduced a bill that would either require the Office of the U.S. Trade Representative to seek a dispute settlement panel over Mexican energy policies, or to make compliance with USMCA in energy a condition of continuing a pact.
Sen. Catherine Cortez Masto, D-Nev., and Sen. Dave McCormick, R-Pa., introduced a bill last week to direct the Office of the U.S. Trade Representative to prioritize convincing Canada and Mexico to institute a foreign investment review board similar to the Committee on Foreign Investment in the United States, or CFIUS.
The Office of the U.S. Trade Representative is seeking views on how the USMCA is working, as the three participating countries begin a joint review of the pact in July 2026.
The president of Mexico has introduced a bill increasing tariffs on goods from countries with which it does not have a free trade agreement, including China. The measure would bring most tariffs to a rate of 35%, with some as high as 50%.
Canadian Prime Minister Mark Carney said that Canada is dropping its retaliatory tariffs on American exports -- except for those in steel, aluminum and autos -- as long as those U.S. goods qualify for USMCA.
The Canada Border Services Agency recently issued a list of compliance and verification “priorities” for imported goods to alert traders about where it’s focusing its inspection and enforcement efforts.