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1. USMCA review process begins amid negative U.S. stance

The United States, Mexico, and Canada concluded the trilateral meeting scheduled under the USMCA, during which Washington rejected the automatic renewal of the treaty for an additional 16 years, as had been requested by Mexico and Canada. Instead, the agreement will remain in effect until 2036 under an annual review scheme, without immediate changes to the rules of origin or the access conditions already agreed upon by the three countries.

Mexico’s Secretary of Economy, Marcelo Ebrard, explained that the formal review process began this July 1 and that a third round of bilateral negotiations between Mexico and the United States will take place in Mexico City on July 20. Furthermore, he specified that there is currently no risk of withdrawal by any of the parties, although the future of the treaty will depend on the discussions that continue in the coming weeks. For its part, the Office of the United States Trade Representative confirmed that it did not agree to renew the USMCA in its current form, arguing that “deficiencies” and trade deficits persist which they seek to correct. Canada, meanwhile, reiterated its support for the agreement and its eventual renewal, considering that the treaty sustains millions of jobs in North America.

El País: Estados Unidos anuncia que no renueva el TMEC, el gran acuerdo comercial con México y Canadá
 
Milenio: El T-MEC continuará hasta 2036 con plan de revisiones anuales

2. Gobierno va por nueva Ley General de Derechos Indígenas

The Federal Government has initiated a national consultation process on the new General Law on the Rights of Indigenous and Afro-Mexican Peoples. This process will take place from July 1 to August 6 and, after incorporating proposals from the communities, the bill will be sent to Congress on October 12. The consultation will cover 69 Indigenous peoples, one Afro-Mexican people, and 16,728 communities. The initiative seeks to establish a comprehensive legal framework to guarantee the collective rights of Indigenous peoples and Afro-Mexican communities.

According to the National Institute of Indigenous Peoples (INPI), the proposal includes the recognition of Indigenous and Afro-Mexican peoples as subjects of public law, with legal personality and their own assets, as well as mechanisms for self-determination, autonomy, prior consultation, access to public resources, and the protection of collective rights. It also provides that budget allocations to Indigenous communities will no longer depend on presidential discretion, but will instead be established by law.

Vanguardia: Ley de Derechos de los Pueblos Indígenas… ¿Cuáles son los 8 puntos de esta iniciativa?
 
La Jornada: Gobierno consultará a comunidades la nueva Ley General de Derechos de Pueblos Indígenas y Afromexicanos

3. Mexico and the United States strengthen the fight against the screwworm

President Claudia Sheinbaum inaugurated a sterile fly production plant in Chiapas to combat the cattle screwworm, which is a cooperative project with the United States government to control the pest affecting the livestock sector. The plant will operate with Mexican personnel and will be managed by the National Service for Agro-Alimentary Public Health, Safety, and Quality (SENASICA). The initiative is part of the strategy to strengthen Mexican animal health, with a goal of increasing sterile fly production to 100 million per week.

President Sheinbaum highlighted that the initiative demonstrates that development cooperation between sovereign nations produces results. For their part, U.S. Secretary of Agriculture Brooke Rollins and U.S. Ambassador Ronald D. Johnson highlighted the joint financial support for the project, which totaled $61 million, and announced that the U.S. will add an additional $83.8 million to the project to increase sterile fly production in Mexico and strengthen pest prevention. Finally, the livestock sector recognized the institutional efforts to address the sanitary emergency. Reports indicate that, to date, the screwworm outbreak has already infected more than 30,000 animals in Mexico and forced the United States to restrict a large portion of Mexican live cattle imports since 2025.

Excélsior: México y EU refuerzan combate a barrenador; alianza bilateral protege a ganado
 
El Sol de México: Planta de moscas estériles en Chiapas operará en cooperación con EU

4. Actions taken to manage economic liquidity

The Bank of Mexico (Banxico) announced that starting August 17, it will have, for the first time, the authority to purchase government securities—such as CETES and Bondes F—exclusively in the secondary market. This means acquiring these instruments from banks, brokerage firms, investment funds, and other participants who already own them, rather than directly from the Federal Government. The measure seeks to strengthen liquidity management within the financial system, without implying direct financing to the government or representing a quantitative easing policy.

In parallel, Nacional Financiera (Nafin) and the Chamber of the Transformation Industry of Nuevo León (CAINTRA) signed a collaboration agreement to implement credit, guarantee, and productive chain programs geared toward strategic sectors of the Mexico Plan. The agreement plans to prioritize micro, small, and medium-sized enterprises (MSMEs) in industries such as textiles, footwear, consumer goods, pharmaceuticals, medical devices, chemicals, petrochemicals, semiconductors, automotive, electromobility, agro-industry, and aerospace. According to both institutions, the alliance aims to expand access to financing under preferential terms, strengthen corporate liquidity, and help businesses build a credit history through the Credicadenas scheme.

Aristegui Noticias: Banxico explica nueva facultad para el manejo de la liquidez
 
El Financiero: Nafin y Caintra suscriben convenio para impulsar financiamiento a Mipymes

5. Mexico boosts its technological sovereignty with 13 key projects and educational development

The Secretariat of Science, Humanities, Technology, and Innovation (SECIHTI) presented 13 strategic technological development and innovation projects to Congress. Notably among these are Olinia, the first electric car designed in Mexico—with production scheduled for 2027—and Coatlicue, which will be the country’s first supercomputer. The head of the secretariat, Rosaura Ruiz Gutiérrez, pointed out that these initiatives are part of an effort to strengthen scientific sovereignty and advance artificial intelligence development. On the latter point, Ruiz Gutiérrez noted that SECIHTI has presented a proposal to establish a regulatory framework on the use of AI and its impact on priority fields such as education, human rights, and ethical use.

In a separate matter under the purview of the same secretariat, the Government formalized the transformation of the National Institute of Historical Studies of the Revolutions of Mexico (INEHRM) into an institution of higher education and scientific research, which is now incorporated into SECIHTI. Its director, Felipe Arturo Ávila Espinosa, explained that the institution will offer bachelor’s and master’s degrees, specializations, and diploma programs in areas such as history, social sciences, public administration, social movements, and artificial intelligence. Additionally, President Sheinbaum signed a decree allowing the opening of 200 research positions in institutes across the country.

La Jornada: Presenta Rosaura Ruiz 13 proyectos estratégicos de desarrollo e innovación
 
MVS Noticias: INEHRM se transforma en instituto de investigación de la Secihti