The Mexico Political Economist

The Mexico Political Economist

Big News Breakdown

No, the US hasn’t left the USMCA. This is what’s happening

By playing the long game, Trump puts pressure on Mexico—potentially self-sabotaging its own economy.

Jul 06, 2026
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The Big News Breakdown. Unpacking this week’s most important news.

Poor behaviour from media who should know better at this stage in the game. Headlines proclaiming: “Trump Refuses to Renew USMCA” set off panicked conversations as if the US-Mexico-Canada Agreement (USMCA) had concluded forever.

The reality is this:

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