Mexico’s new ambassador to the United States says the ongoing review of the USMCA free trade agreement is expected to be completed later this year. Speaking in an interview with Bloomberg Television, Mexico’s top diplomat in Washington states that the process for assessing and updating the North American pact is still underway, but that timelines point to a conclusion within the year. The comments reflect Mexico’s expectation that negotiations and discussions associated with the agreement’s review will move toward resolution on a schedule set for later in 2026. The reports describe the review as “high-stakes,” underscoring that it carries significant implications for trade and economic relations among the three countries. Both outlets citing the interview characterize the ambassador’s message as optimistic about progress, while still indicating that the review has not yet reached a final outcome.