MEXICO CITY.— The president of the American Society in Mexico, Larry Rubin, pointed out during an event prior to the elections in the United States, that the approval of the judicial reform will have “direct impact” in the review of the Treaty between Mexico, the United States and Canada (T-MEC).
“The structural changes in Mexico will have a direct impact on the review or renegotiation of the T-MEC, just because the rules change “Dramatically, investors naturally don’t feel as confident as they did at the beginning of the year,” Rubin said.
The review of the trade agreement between Mexico, the United States and Canada (T-MEC) is scheduled for 2026 and will be led by governments other than those that signed the initial agreement four years ago (2020).
In Mexico, the president Claudia Sheinbaum He succeeded Andrés Manuel López Obrador (2018-2024) as head of the Government.
For their part, in the United States next Tuesday they face each other in the presidential elections former president Donald Trump as a Republican candidate against Vice President Kamala Harris on the Democratic side; while Canada will face general elections at the end of 2025.
Popularly elected judges raise doubts
“The reform clearly details a process where, for example, Judges are popularly elected. This raises a number of doubts. substantial issues, about who is going to finance the elections of popular judges and that also leads to wondering if The decisions of these judges will be subject to whoever supported them. for this vote,” insisted the president of the American Society, which brings together American organizations and companies in Mexico.
This reform establishes the popular election of judges and magistrates, a radical change in the structure of the judicial system Mexican and, although the government maintains that it seeks to increase legitimacy and transparency in the administration of justice, it has faced strong opposition from workers in the Judiciary, who declared a prolonged work stoppage.
Judicial reform will have a “direct impact” on the T-MEC
“The reality is that you are reformswell, for investment, they were not positive. On the contrary, I think it is a setback for investment and well, we will have to work with this. It does not mean that the investment will not arrive, the investment will continue to flow; but maybe will not flow at the rate and growth that it could flow if these reforms did not exist,” Rubin noted.
However, the president assured that American investors will continue working with the new Mexican Government.
“We are excited to work with her (Sheinbaum), we believe that the fact that she met with American investors a few weeks ago is a very positive sign, a very important sign, and we also applaud the fact that Secretary Marcelo Ebrard is making a series of improvements in the Ministry of Economy that we see as very positive,” concluded Rubin.
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Larry Rubin Mexico
**Interview with Larry Rubin, President of the American Society in Mexico**
**Interviewer:** Thank you for joining us today, Larry. The recent approval of Mexico’s judicial reform package has raised significant concerns. Can you explain how you see these reforms impacting the T-MEC review process scheduled for 2026?
**Larry Rubin:** Thank you for having me. The structural changes in Mexico’s judicial system are likely to have a direct impact on the T-MEC review. As the rules change, they can create uncertainty for investors. Confidence plays a crucial role in international trade agreements, and with these new reforms, investors may be more hesitant to engage, worrying about the long-term stability and fairness of the legal environment in Mexico.
**Interviewer:** You mentioned investor confidence. What specific aspects of the judicial reforms do you think are contributing to this uncertainty?
**Larry Rubin:** One of the most concerning components is the move toward the popular election of judges. This raises several substantial issues. Firstly, it begs the question of who will finance the campaigns of these judges, and secondly, it stirs concerns about the potential influence of those financial backers on judicial decisions. The impartiality of the judiciary could be at stake, which is alarming not just for Mexico but for all countries involved in the T-MEC.
**Interviewer:** With the elections in the United States and Canada approaching, how do you think the leadership changes might affect the T-MEC discussions and negotiations?
**Larry Rubin:** Leadership changes always bring a degree of uncertainty to international agreements. In the U.S., we may see a shift in priorities with the electoral battle between Donald Trump and Kamala Harris. Similarly, Canada will be heading into elections in 2025. New administrations might bring different perspectives on trade, which could impact how the T-MEC is viewed and negotiated moving forward. It’s crucial for Mexico to make progress on its internal judicial reforms to ensure that it remains a strong and reliable partner in these discussions.
**Interviewer:** Thank you, Larry, for your insights. It seems like a pivotal time for Mexico and its relationship with the U.S. and Canada through T-MEC.
**Larry Rubin:** Absolutely, it is an essential moment for all stakeholders involved, and how these reforms play out will be critical in shaping the future of T-MEC. Thank you for having me.
