El Universal dedicated an entire page to the USMCA review this week and I wrote it.

The framing: less than three months before Mexico hosts the World Cup, the agreement that moves nearly $2 trillion a year between the U.S., Mexico, and Canada is facing its own decisive match. July 1 is not a deadline for finishing negotiations. It is the whistle that determines whether North America resets the clock or starts playing against it.

The piece is in Spanish and covers the six possible scenarios for the review, Mexico's position at the table, and why the cost of uncertainty is already visible in jobs, investment, and growth.

If you read Spanish, the full page is linked below. Everything feeding into it is what I cover in depth here on North America Compass.

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