Analysis

June 2, 2026
Final Thoughts
Written by Ethan Bernard
The official beginning of the USMCA periodic review is less than a month away. But some negotiations have already started, and steel tariffs could hang in the balance.
We’ve spoken previously that negotiations seem to be a bit warmer between the US and Mexico vs. the US and Canada at the moment. In fact, we reported last week that the US and Mexico held bilateral talks in Mexico City. And now that the meeting has taken place, we can see that steel was on the docket.

