Daniel Covarrubias

An Interactive Policy Brief

USMCA 2.0

A Trilateral Framework for Security, Technology, and Industrial Competitiveness

By Daniel Covarrubias, Ph.D.

USMCA 2.0SECURITYBCATECHNOLOGYNADICIINDUSTRIAL POLICYNAICCNORTH AMERICAN COMPETITIVENESS

NAFTA Start (1994)

$0B

Trilateral trade

USMCA Today (2024)

$0.0T

Trilateral trade

Growth

0%

In 30 years

Review Date

July 2026

Decision point

Trilateral Trade Volume (1994–2024)

30 years of economic integration

1994NAFTA
2008Peak
2019USMCA
2020COVID
2024$1.6T

Unprecedented $1.6 trillion — but fragile without coordination

+366%
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This extraordinary success story is now threatened by the absence of coordination mechanisms for today's challenges.

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The Challenge

The Uncertainty Problem

For three decades, North American economic integration has been defined by its ambiguity. Trade agreements are signed, then renegotiated. Tariffs are announced, then paused. Investment decisions worth billions hinge on policies that shift with political winds.

The chaos reached new heights in April 2025. In just 72 hours, businesses watched as policy lurched from maximum threat to partial relief—and back again. This wasn't strategic ambiguity. It was policy whiplash.

April 2025 — 72 Hours of Policy Whiplash

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Day 0

25% tariffs on ALL Mexican & Canadian imports

~

Day 1

Auto sector exemption after Detroit calls

Day 2

All USMCA-compliant goods exempted until April 2nd

Companies forced into perpetual emergency planning

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Such rapid policy shifts and abrupt reversals force companies to operate in a perpetual state of emergency planning rather than focusing on strategic growth.

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The costs of this uncertainty are not abstract. They manifest in delayed investments, duplicated supply chains, and the gradual erosion of North America's competitive position in global markets.

The Cost of Uncertainty

📉

Reduced Investment

Strategic hesitation replaces growth planning

🔗

Disrupted Supply Chains

Just-in-time becomes just-in-case

⚠️

Competitive Erosion

30 years of integration advantages at risk

The 2026 USMCA review represents both a risk and an opportunity. Without institutional evolution, the agreement faces the same volatility that has characterized North American trade policy since 2017. With the right framework, it can become the foundation for a new era of trilateral competitiveness.

The Framework

The Three Pillars

USMCA 2.0 proposes a trilateral framework built on three institutional pillars, each addressing a critical gap in current North American cooperation. Together, they transform the agreement from a static rulebook into a dynamic platform for continental competitiveness.

Binational Customs Agency (BCA)

Key Points

  • Fentanyl trafficking, illegal immigration, and weapons flows can't be managed through trade provisions alone
  • Security concerns have become justification for trade disruptions (IEEPA tariffs)
  • Need shared objectives and information exchange protocols
  • Trusted trader programs that protect legitimate commerce while enhancing security
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The current state of North American relations makes the separation of security and economic integration increasingly unsustainable.

North American Digital Infrastructure Coordination Initiative (NADICI)

Key Points

  • Logistechs: convergence of AI, blockchain, IoT, autonomous vehicles, and robotics
  • AI-enabled customs could improve efficiency while enhancing security screening
  • Blockchain for tracking component origins through complex supply chains
  • 7.3 million commercial trucks annually at US-Mexico border = untapped data goldmine
  • ASTM F49 Committee developing North American standards

Potential Impact

$55B

Annual compliance costs from data fragmentation

$250B

Unrealized cross-border digital trade

75%

Potential reduction in border crossing times

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The vast amount of data generated at border crossings represents a resource for improving both security and efficiency.

North American Industrial Coordination Council (NAICC)

Key Points

  • Original NAFTA/USMCA vision of fully integrated regional bloc remains unrealized
  • Mexico's 14 FTAs with 50+ countries create enforcement challenges
  • "Light-touch assembly" concern with foreign components entering through backdoors
  • Each country's comparative advantage creates natural synergies
  • Focus US on high-value smart manufacturing; leverage Mexico's labor advantages

Comparative Advantages

Canada

Critical minerals & natural resources

Mexico

Manufacturing & labor capacity

United States

Innovation, R&D & capital

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Canada's abundance of critical minerals, Mexico's manufacturing capabilities, and the United States' technological innovation create natural synergies.

Each pillar addresses a critical gap in current North American cooperation—gaps that have widened as the original NAFTA vision has struggled to adapt to 21st-century challenges like fentanyl trafficking, digital trade fragmentation, and global supply chain competition.

Institutions

Implementation Mechanisms

The three pillars don't operate in isolation—they form an integrated system where each institution strengthens the others. NADICI serves as the digital backbone, enabling real-time data flows between BCA's border operations and NAICC's industrial coordination.

BCABorder operations & securityNADICIDigital backbone & data flowsDIGITAL BACKBONENAICCIndustrial strategy & coordination

Tap a gear to see implementation details

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These aren't three separate proposals — they're one integrated system for North American competitiveness.

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This integrated approach reflects a key insight: security, technology, and industrial policy can no longer be managed separately. A trusted trader certification from BCA requires NADICI's digital verification systems. NAICC's supply chain mapping depends on border crossing data from both agencies.

Timeline

The 2026 Opportunity

The USMCA joint review in July 2026 creates a unique window for institutional evolution. The agreement's built-in review mechanism— designed to provide certainty through periodic assessment—can become the vehicle for transformative change.

The Clock Is Ticking

~8 months until the critical decision point

Nov 2025

NOW

270 days before review
2

Q1 2026

Consultations

3

Q2 2026

Final Prep

⚖️

July 1, 2026

Decision Day

If Extended Unanimously

Agreement continues with enhanced framework through 2042

If Not Extended

Annual reviews begin, agreement expires 2036

The 2026 review offers a critical opportunity to redefine North American economic integration. The question is whether the three nations will seize it—or continue down a path of reactive policies and mounting uncertainty costs.

NOW?STATUS QUOUSMCA 2.0

Tap a path to explore outcomes

🔄

Continue Current Pattern

⏱️Temporary measures
🔄Reactive policies
📉Uncertainty costs
⚠️Competitive erosion

More of the same uncertainty that has cost businesses billions

USMCA 2.0 Framework

Enhanced securityBCA
Digital integrationNADICI
Industrial coordinationNAICC
Continental competitiveness

Integrated institutional framework for generation-defining competitiveness

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North America stands at a crossroads. How the three nations approach this opportunity will determine their shared economic trajectory for a generation.

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The Path Forward

A Call to Action

North America's competitive position in the global economy depends on choices made in the next eighteen months. The 2026 review offers a decision point: continue with the status quo of periodic uncertainty, or build the institutional foundation for a new era of trilateral competitiveness.

The framework exists. The opportunity is clear.
The time to act is now.

About the Author

Dr. Daniel Covarrubias

Director of the Texas Center for Border Economic and Enterprise Development at the A.R. Sanchez, Jr. School of Business at Texas A&M International University. His research focuses on cross-border trade policy, logistics innovation, AI, and North American economic integration.