Fecha Publicación: 08-01-2024

Washington and its nearest neighbors are entering a packed election cycle with a familiar list of disputes on the docket -- and not a lot of time to resolve them ahead of a 2026 review of their renegotiated trade agreement, analysts say.

“The issue that I'm seeing here is that a lot of issues are being channeled, but they're not being resolved,” said Antonio Ortiz-Mena, partner at Dentons Global Advisors and former head of economic affairs at the Mexican Embassy, citing prolonged consultations under the U.S.-Mexico-Canada Agreement on Mexico’s energy policies, a stalled dispute over the U.S.’ interpretation of the deal’s rules of origin for automotive vehicles and a long list of investor-state dispute settlement cases, among other issues.

“It's not one observation here or there. I'm seeing a pattern, I think that's a negative pattern, and I think that could be very problematic by 2026,” Ortiz-Mena added.

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