Bloomberg Surveillance · Monday, June 29, 2026
While the USMCA review might fade into the background for broad markets, it poses significant implications for specific sectors like automotive and industrials. Uncertainty surrounding trade flows, particularly with Mexico, could impact planned capital expenditures and the current AI-driven economic boom.
“So yes, maybe it's not going to be overnight, it's not going to be from one day to the next, But at some point, if there is more uncertainty playing out in terms of how easily can you bring in Mexican exports, this could even impact the gapex boom that we're seeing in these states.”
“Industrials, mainly auto aerospace, that's where we're seeing the biggest risks that those are the sectors that are the most reliant and dependent on the agreement to continue.”