Mexico Proposes 'Trump-Faced Avocados' to Save USMCA Trade Agreement
Amid ongoing negotiations to renew the USMCA trade agreement, Mexico has reportedly put forth a bold new proposal involving "Trump-faced avocados."
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Amid ongoing negotiations to renew the USMCA trade agreement, Mexico has reportedly put forth a bold new proposal involving "Trump-faced avocados."

The United States has announced it will not renew the USMCA, a historic trade agreement with Mexico and Canada, raising concerns about potential market destabilization. This decision prompts questions about the reasons behind Trump's refusal to renew the pact and its implications.

The US Men's National Team advanced to the World Cup Round of 16 after defeating Bosnia-Herzegovina 2-0, but will be without Folarin Balogun due to a controversial red card and subsequent suspension. The team cannot appeal Balogun's suspension, impacting their upcoming match against Belgium.
The U.S. auto industry is confronting increased uncertainty as the potential non-extension of the USMCA trade deal looms, particularly concerning the agreement's rules of origin.
The article emphasizes that clear understanding and consistent application of the USMCA trade agreement are crucial for ensuring economic success.
A U.S. declaration to withdraw from the United States–Mexico–Canada Agreement (USMCA) would trigger a ten-year countdown for the pact's termination.

Businesses and labor groups are awaiting a crucial CUSMA (USMCA) trade checkpoint with a mix of anxiety and hope, as Premier Doug Ford embarks on his third trip to meet with U.S. lawmakers.

Following a deal with Iran, former President Trump expressed his desire to focus on resolving the North Korean nuclear issue, stating there are no limits to his power and regretting not addressing it sooner.

As the World Cup 2026 commences, various stories emerge globally, including protests by families of missing persons in Mexico and discussions about player rosters and potential retirements. Meanwhile, the ICC Women's T20 World Cup 2026 schedule and streaming details are also being highlighted.

The United States launched new 'self-defense strikes' against multiple targets in Iran, prompting Iran to announce the closure of the Strait of Hormuz to all ships. This escalation raised concerns about oil flow disruptions and regional stability.

Canada has formally requested a 16-year extension for the North American free trade agreement (USMCA), with Mexico also expressing a desire to prolong the pact. This move comes amidst new trade proposals from Canada, though warnings of future 'turbulence' remain.

Former US President Donald Trump announced he is on the verge of approving a peace deal with Iran, claiming major concessions from Tehran. However, Iranian officials and news agencies have denied that a final agreement has been reached, stating that many questions remain open.

Mexico announced it has officially begun negotiations with the United States to revise the US-Mexico-Canada free trade agreement (USMCA).
A business brief provides an update on the current status and developments regarding the United States-Mexico-Canada Agreement (USMCA).
Mexican President Sheinbaum has expressed confidence regarding the approaching deadline for the USMCA trade agreement's renewal. She indicated there is "no rush" in the process, signaling a calm approach.

Pedro Casas, CEO of AmCham, outlines five key elements to transform the USMCA from a trade agreement into a strategic framework for joint North American industrialization, as part of an opinion series on regional utopia.

Mexican President Claudia Sheinbaum has appointed financier Roberto Lazzeri to lead the critical relationship between Mexico and the US, particularly ahead of the USMCA trade treaty review.

President Trump announced an extension of the truce with Iran, opting for talks instead of military action, though Iran has expressed hesitation to engage in negotiations. This decision comes amidst reports of potential US military readiness issues and varying impacts on global oil prices.
Mexico expects formal discussions regarding the USMCA trade agreement to commence during the week of May 25.

AI chipmaker Cerebras Systems has publicly filed for an Initial Public Offering (IPO) in the US. This move by the Nvidia rival comes as the artificial intelligence boom continues to drive tech listings.
The US Trade Representative is scheduled to travel to Mexico for discussions related to the USMCA trade agreement.
Mexico has officially begun formal USMCA negotiations and is advancing towards a cashless economy, with President Sheinbaum emphasizing a strategic bet on digital economic transformation. The country also faced scrutiny from Washington this week.
The US ambassador to Mexico expressed an optimistic outlook on the USMCA trade agreement during the annual AmCham gathering.
The key agreement coincided with the early stages of the USMCA review and represented a key inroad for Canada into a new segment of the Mexican market. The post Canada reaches deal to export potatoes…
Canada and Mexico have highlighted the importance of their trilateral agreement as they prepare for upcoming discussions to review the USMCA trade deal.
Opinion: Iran war risks further complicating USMCA renegotiations for Canada The Globe and Mail

The United States and Mexico are scheduled to hold bilateral talks this month to review the United States–Mexico–Canada Agreement (USMCA), with discussions gaining urgency due to potential tariffs from US President Donald Trump.
Canada states that private government conversations regarding the USMCA trade pact are not discouraging, indicating ongoing discussions.
The US trade commission has launched a review of the USMCA automotive rules of origin, examining the regulations governing vehicle manufacturing and trade within North America.
Mexican federal officials, including Ebard, sought to reassure investors that the USMCA trade pact "remains in force" and an extension is possible, despite the U.S. indicating it might lapse in 2036. Discussions also covered potential tariff reductions and advances in production.

A US manufacturing trade group claims China is attempting to infiltrate the US-Mexico-Canada trade agreement through Mexican automotive investments, as Washington considers not renewing the deal.
The U.S. has decided against renewing the USMCA trade agreement, opting instead for rolling talks. This opens the door to contentious negotiations over supply chain rules vital for various industries.

The United States government has lifted its export ban on Anthropic's most powerful AI models, allowing international access to the technology. This decision comes after initial restrictions were placed on the models, with some reports also mentioning Anthropic's efforts to prevent unauthorized use.

The future of the $2 trillion North American trade deal, USMCA, is in doubt as the July 1 deadline for its review has passed. Former President Trump's skepticism about the agreement has triggered this uncertainty.
An analysis suggests that free trade in North America is likely to persist despite ongoing discussions and 'drama' surrounding the USMCA agreement.

A congressional initiative is underway in the US to block the sale of F-35 fighter jets to Turkey, citing concerns over Israel's partnership and Russian intelligence. This development is part of a broader range of news, including Joe Biden criticizing Donald Trump and Serbia showcasing new Russian weaponry.

Donald Trump made various statements regarding an impending Iran agreement, the ongoing war in Ukraine, and his views on international leaders and policies. He also commented on the presence of US forces in the Persian Gulf and met with Italian Prime Minister Giorgia Meloni.
Pete Hoekstra, Trump's envoy to Canada, expressed encouragement over Carney's more conciliatory tone towards the US, urging Ottawa to drop retaliation threats to preserve the USMCA trade pact.

Preparations for the 2026 FIFA World Cup are underway, with updates including new rules allowing disposable water bottles in stadiums, efforts to combat ticket scams, and the USMNT's final match before the tournament. The Iran national team has also been granted visas to enter the United States.

Canada is pushing for the renewal of the free trade agreement with the US and Mexico, while also confirming the purchase of 26 HIMARS rocket launchers from the US government. These developments occur amidst various other US-related news, including the testing of Elon Musk's Starshield in New Zealand and a US bill to prevent Chinese-connected cars from entering the country.

Canada is strengthening its trade ties with China, seeking economic diversification amid growing US-Canada trade tensions and its sidelining in USMCA renegotiations.

During ongoing USMCA talks, the United States has indicated its intention to keep tariffs on goods from Mexico and Canada. This decision suggests a continued cautious approach to North American trade relations.
The initial USMCA negotiations are set to prioritize discussions on content rules and economic security, according to Greer.
Mexico's Agriculture Minister has been replaced just before a scheduled review of the USMCA trade agreement.

King Charles III delivered a historic speech to a joint session of the US Congress, becoming the first British monarch to do so since 1991. During his address, he emphasized the importance of Western unity and received a standing ovation.

Iran has seized multiple ships in the Strait of Hormuz, with Croatia confirming two nationals were aboard one vessel. Concurrently, Tehran announced it has begun collecting its first toll revenues from the strategic waterway, escalating regional tensions.
Canada's chief negotiator has affirmed that the country has no interest in revising the United States-Mexico-Canada Agreement (USMCA), indicating a stable stance on the trade deal.
Mexico is aiming to secure an early trade deal concerning steel, aluminum, and automotive sectors, ahead of the broader USMCA agreement.

The U.S. military has transferred several large bases in Syria, while the U.S. also granted a sanctions waiver to Serbian oil firm NIS. These developments occur amidst broader discussions on U.S. foreign policy and economic relations.

Negotiations to rebalance the Canada-U.S.-Mexico Agreement (CUSMA/USMCA) are likely to continue past the initial July 1 deadline. U.S. Trade Representative Jamieson Greer confirmed the extension of talks.
Mexico's week in review highlights the official launch of USMCA talks and Sheinbaum's strategic bet on developing a digital economy for the nation.

Marcelo Ebrard is visiting Washington to present his plan for the upcoming review of a treaty that represents 29% of global GDP in trade
Canada, Mexico say trilateral deal is key ahead of talks to review USMCA The Star | Malaysia
Investors in the EWW ETF are being advised to monitor two specific signals ahead of the upcoming USMCA review, indicating potential market impacts.
Canada, Mexico to kick off bilateral talks about USMCA in May The Globe and Mail
A collection of articles from Forbes covering various topics including individual profiles, business advice, market analysis, and general interest pieces.

A reported threat by US President Donald Trump to withdraw from the North American trade pact could push Canada closer to China, analysts say, even as his new global 15 per cent tariff has little immediate impact due to existing trade agreements. Washington, Ottawa and Mexico City are set to renegotiate terms of the US-Mexico-Canada Agreement (USMCA) before a possible extension on July 1. Earlier this month, Bloomberg reported that Trump was quietly considering exiting the trade deal –...
Mexico and Canada are set to initiate a joint economic action plan to prepare for a future beyond the USMCA agreement, focusing on areas like robotics, drones, AI, and new technologies.
Mexico's export-led economy is reportedly at risk due to the annual reviews of the USMCA trade agreement, according to a Bloomberg report.

The Ford CEO is advocating for a level playing field with Toyota and GM imports as USMCA trade talks reopen, noting that Ford assembled over 2 million vehicles in the U.S. last year, more than any other auto manufacturer.

The United States has stated it will not agree to renew the US-Mexico-Canada Agreement (USMCA).
The CUSMA (USMCA) trade deal remains in place until 2036, even if the U.S. officially declares it does not want to extend it, clarifying its long-term implications for Canada, the U.S., and Mexico.
Mexican President Sheinbaum confirmed the first formal review meeting for the USMCA trade agreement, reiterating Mexico and Canada's interest in renewing the trilateral pact until 2042.
The review of the US-Mexico-Canada Agreement (USMCA) trade deal is reportedly in jeopardy, raising questions about the future of the trilateral agreement.
An analysis on Wall Street Week questions the long-term viability and survival of the North America’s trade agreement, USMCA.
Mexico is preparing for the renewal of the USMCA trade agreement, despite former President Trump's stated disinterest in a new deal.

Donald Trump has threatened further attacks against Iran if a deal is not reached, claiming Iran begged him to stop bombing, a claim Iran denies. This comes as Trump also stated he 'loves' inflation despite rising prices and reports indicate he will not attend Team USA's World Cup opener.

Tensions between the US and Iran continue to simmer following recent clashes in the Gulf, with conflicting reports emerging regarding potential breakthroughs in nuclear material removal talks. While President Trump claimed negotiations were progressing well, Iran indicated no significant advancements.

President Trump held a meeting to make a final determination on the Iran nuclear deal but concluded without a decision, stating he would only accept an agreement that satisfies his "red lines." Uncertainty remains regarding a potential deal with Iran as hard-liners in the country also attempt to derail negotiations.
The renegotiation of the USMCA deal is seen as peripheral to the green tech revolution in world trade, with Trump's policies potentially driving Canada and Mexico closer to China.

National teams, including the USMNT, Germany, and South Korea, are making final preparations and expressing excitement for the upcoming FIFA World Cup. The tournament also faces a lawsuit regarding a proposed ban on Iran's pre-revolution flag.

A group of Senate Democrats sent a letter to U.S. Trade Representative Jamieson Greer, outlining their demands for changes to the U.S.-Mexico-Canada Agreement (USMCA) ahead of its key review.

South Korean Trade Minister Yeo Han-koo met with Mexico's ambassador to Seoul to discuss concerns over the planned review of the USMCA trade pact.

US envoys are traveling to Islamabad for potential talks, but Iran's foreign minister, also in Pakistan, has ruled out direct negotiations with the American delegation. This creates uncertainty about the format and outcome of any diplomatic efforts.

John Phelan, the US Navy Secretary, has been ousted from his position, with reports citing a clash with Pentagon leadership and the ongoing naval blockade of Iran as contributing factors. Hung Cao has been named as the interim US Navy Secretary following Phelan's departure.
Mark Carney is set to announce a new Canada-U.S. advisory council, with the development coming as USMCA talks are on the horizon.

Mexico's state-owned oil company Pemex has admitted to covering up a significant oil spill in the Gulf of Mexico. This admission came during a week that also saw advancements in USMCA trade talks.

President Trump has stated that the "war" with Iran should end "very soon," suggesting that good things are happening and that both sides may meet for talks. He also claimed Iran has agreed to surrender uranium, referring to the conflict as a "small diversion."
A perfect storm of reduced U.S. imports from China, USMCA protection from new tariffs and increasingly sophisticated local manufacturing has sent Mexico's tech exports skyrocketing. The post Mexico’s soaring tech exports have taken the lead over the automotive sector appeared first on Mexico News Daily
The US Ambassador to Mexico, Johnson, delivered an optimistic message regarding the USMCA trade agreement and the US-Mexico relationship at the annual AmCham gathering, emphasizing trade as a non-negotiable aspect.
Canada is reportedly lagging in trade talks as the review of the USMCA agreement approaches, according to Greer.
Canada and Mexico have highlighted the critical importance of their trilateral agreement as they prepare for upcoming discussions to review the USMCA trade pact.
USMCA Negotiations: Why America May Have More To Lose Forbes
Mexico has initiated formal USMCA negotiations with the US, holding bilateral sessions, with Canada expected to join the trilateral talks at a later date.
Canada has issued a warning that the USMCA trade agreement might be subjected to annual reviews, potentially creating uncertainty and deterring investment.

A barcode blunder is threatening to annul the results of Thailand's recent election, which was called to resolve the country's political stalemate.