Trump must close the back door China uses to exploit North American trade
But its scheduled review was never intended to be a formality. Extending the agreement before addressing them would surrender the United States' greatest source of leverage. Yet while trade with the United States has expanded, Mexico has increasingly served as a gateway for steel from countries whose governments distort global markets through subsidies and overcapacity.Between 2020 and 2024, Mexican steel imports from South Korea, China and Vietnam rose 44%, 59% and 39%, respectively.
- ▪But its scheduled review was never intended to be a formality.
- ▪Extending the agreement before addressing them would surrender the United States' greatest source of leverage.
- ▪Yet while trade with the United States has expanded, Mexico has increasingly served as a gateway for steel from countries whose governments distort global markets through subsidies and overcapacity.Between 2020 and 2024, Mexican steel impor
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Opinion Trump must close the back door China uses to exploit North American trade The review offers an opportunity to modernize USMCA, close obvious loopholes and ensure the agreement fulfills its original purpose By Brandon Farris Fox News Published July 24, 2026 12:02pm EDT Facebook Twitter Threads Flipboard Comments Print Email Add Fox News on Google close Video Larry Kudlow argues the US economy is in a ‘Goldilocks’ moment FOX Business host Larry Kudlow says innovation in high-tech and advanced manufacturing is driving an economic boom on ‘America Reports.’ NEWYou can now listen to Fox News articles! Review doesn’t mean rubber stamp. The United States shouldn't rush to extend the U.S.-Mexico-Canada Agreement for another 16 years simply because the calendar says it's time.
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