Beijing warned Mexico it reserves the right to retaliate after an official probe found Mexico's sweeping tariff hikes on Chinese goods constitute trade and investment barriers.

The review was built into NAFTA's successor to ensure its efficacy moving forward, but some of Trump's comments and actions have cast doubt on the North America free trade pact's very survival.

The tariff extension goes hand in hand with a new government policy prioritizing Mexican content over overall cost when purchasing products or components from abroad.

Holding bilateral sessions during the trilateral process is not unheard of in USMCA negotiations, and the Canadians are expected to join the early talks at an unspecified future date.

The ruling frees Mexico from paying certain Trump tariffs, such as the "fentanyl tariff" and the "reciprocal tariffs," though other exporting nations will probably get more relief than Mexico.

Both sides see an opportunity to deepen trade ties, but the challenges include Mexico's recent tariffs on Chinese goods and Trump's anti-China shadow looming over the USMCA renegotiations.

Science and tech took center stage at the talks, which are set to continue leading up to an in-person meeting with India's trade minister in late March.

In this week's article, the CEO of the American Chamber of Commerce of Mexico Pedro Casas provides four reasons why Mexico is extraordinarily relevant to the U.S. agricultural industry.

The talks will address rules of origin for industrial goods, critical minerals collaboration and trade policy alignment, as Mexico seeks to safeguard its crucial trade relationship with its northern neighbor.

In this week's article, the CEO of the American Chamber of Commerce of Mexico Pedro Casas explains why the U.S.-Mexico automaker relationship isn’t a normal buyer-seller partnership, and how decoupling would prove advantageous only to China.