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Events • July 6, 2026 

# Win-Win Trade in North America: Six Years of the USMCA 

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.

[![Creative Commons License](/build/cato_2020/images/creative-commons.svg)](http://creativecommons.org/licenses/by-nc-sa/4.0/) 
This work is licensed under a [Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International License](https://creativecommons.org/licenses/by-nc-sa/4.0/). 

##### Featuring 

![Rep-Adrian-Smith-R-NE-cropped](/sites/cato.org/files/styles/author_picture/public/2026-05/Rep-Adrian-Smith-R-NE-cropped1.jpg?itok=JXzZp6Lm) 

##### Rep. Adrian Smith (R‑NE) 

3rd District

![Flavio Volpe-cropped](/sites/cato.org/files/styles/author_picture/public/2026-05/Flavio%20Volpe-cropped.jpg?itok=VXbFAVtd) 

##### Flavio Volpe 

President, Automotive Parts Manufacturers’ Association (APMA)

![Diego-Marroquin-Bitar-cropped](/sites/cato.org/files/styles/author_picture/public/2026-05/Diego-Marroquin-Bitar-cropped.jpg?itok=jIViCKQs) 

##### Diego Marroquín Bitar 

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

![Kate Kalutkiewicz_cropped](/sites/cato.org/files/styles/author_picture/public/2026-06/Kate%20Kalutkiewicz_cropped.jpg?itok=2dyJZFhU) 

##### Kate Kalutkiewicz 

Senior Managing Director, Trade Practice & McLarty Inbound

[![Scott Lincicome cropped](/sites/cato.org/files/styles/author_picture/public/2023-10/scott-lincicome-square.jpg?itok=qnTH2GB_)](/people/scott-lincicome) 

##### [Scott Lincicome](/people/scott-lincicome)

Vice President, General Economics and Stiefel Trade Policy Center, Cato Institute

[ 

](https://x.com/scottlincicome) [ 

](mailto:slincicome@cato.org)