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Policy Forum

Win-Win Trade in North America: Five Years of the USMCA

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Cato Institute, 1000 Massachusetts Ave, NW, Washington, DC
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Featuring
Rep-Adrian-Smith-R-NE-cropped
Rep. Adrian Smith (R‑NE)

3rd District

Flavio Volpe-cropped
Flavio Volpe

President, Automotive Parts Manufacturers’ Association (APMA)

Diego-Marroquin-Bitar-cropped
Diego Marroquín Bitar

Fellow, Americas Program, Center for Strategic and International Studies (CSIS)

With the July 1, 2026, trilateral review meeting fast approaching, the future of the United States-Mexico-Canada Agreement (USMCA)—and more than three decades of trilateral integration—are on the line. The USMCA, which replaced the North American Free Trade Agreement (NAFTA), continues to underpin robust interregional trade and investment that has benefited millions of people across the three countries and has been a valuable asset in a time of profound geopolitical and economic shifts. Though by no means a perfect agreement, the USMCA has widely recognized benefits, and a successful review should aim to preserve them while fixing identified problems.

This policy forum will feature a fireside chat with Rep. Adrian Smith (R‑NE), chairman of the House Ways and Means Trade Subcommittee, and the Cato Institute’s Scott Lincicome. They will discuss the benefits of the USMCA over the last five years, followed by a panel of regional business and economic policy experts discussing the future of the agreement and trilateral economic relations. Following the fireside chat, the policy forum will feature an expert panel with views from the Canadian auto industry, trade agreement negotiators, and other subject matter experts.

Additional speakers for this event will be announced in the near future.