US midterm elections and Mexico-US trade under USMCA, Digi Mart USA News: According to a publisher report from EL CEO, 2026 is shaping up to be the best year for trade exchange in Mexico’s history with the United States, supported by the USMCA, a relationship that stands out for political friction but has consistently generated positive returns for Mexican exports.
The report says that through the third quarter of 2026, total goods trade between the two countries reached an unprecedented $779,154 million. Mexico has become the leading buyer and seller of goods for the United States.
Its share of total U.S. imports stood at 17.9% at the close of the third quarter of 2026, the highest for a similar period since 1989.
The article states that for every $100 the U.S. economy imports from around the world, Mexico supplies $20.
It adds that following the results of the U.S. midterm elections, the trade relationship consolidated under Donald Trump’s two presidential terms will now be subject to scrutiny by a Democratic-controlled Congress, which the report suggests may seek to balance the White House’s trade policy.
According to the report, Mexico’s Secretary of Economy, Marcelo Ebrard, does not rule out a possible agreement to reduce tariffs on steel and aluminum before the end of 2026, but warned that the electoral result could prevent a swift resolution favorable to Mexico.
The article also reports that Mexico’s Financial Intelligence Unit (UIF) signed an information-sharing agreement with the Union of Mexican Financial Institutions to strengthen institutional coordination and identify emerging risks related to illicit finance. The report notes that in June 2025, the U.S.
Treasury linked three Mexican institutions to possible money laundering.
Separately, the article says the Mexican Confederation of Employers (Coparmex) called for steps to restore confidence in the National Electoral Institute (INE) ahead of the 2027 elections, following the departure of Guadalupe Taddei Zavala. Coparmex argued that the 2024 constitutional reform concentrated powers in the INE presidency and weakened collegiate checks and balances, and said that the resignation of one person does not resolve the institution’s crisis.
