Despite threats from US President Donald Trump to withdraw from the agreement, Mexico announced earlier this month that the pact would remain in effect until 2036 with annual reviews and the possibility of extension at any time during that decade.

While Washington refused to extend the agreement by 16 years, one of the possible scenarios and the position advocated by Canada and Mexico, it also did not withdraw from the treaty, which is crucial for the economies of the three nations.

In the current scenario, this country will continue to export more than 80 percent of its products to the United States without paying tariffs and remain the country, along with Canada, that receives the best tariff treatment globally, the Mexican Secretariat of Economy specifies.

Economy Secretary Marcelo Ebrard noted that the continuation of the agreement and the system for reviewing it provide elements of certainty in the current international landscape, marked by Washington’s controversial tariff policy.

President Claudia Sheinbaum described the maintenance of the agreement as essential, stating that the annual reviews are related “to this vision of greater protectionism in the United States,” and Mexico will seek the best possible conditions.

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