Mexico's Secretary of the Economy, Marcelo Ebrard, gestures during a press conference following the formal meeting between representatives from Mexico, the US and Canada as part of the review process for the USMCA free trade agreement, in Mexico City on July 1, 2026. The United States will not renew a North American trade pact with Canada and Mexico in its current state, the US trade envoy said on July 1, meaning the deal will now be reviewed annually. (Photo by YURI CORTEZ / AFP via Getty Images)

Mexico's Secretary of the Economy, Marcelo Ebrard, speaks during a press conference following the formal meeting between representatives from Mexico, the US and Canada as part of the review process for the USMCA free trade agreement, in Mexico City on July 1, 2026. The United States will not renew a North American trade pact with Canada and Mexico in its current state, the US trade envoy said on July 1, meaning the deal will now be reviewed annually. (Photo by YURI CORTEZ / AFP via Getty Images)

Mexico's Secretary of the Economy, Marcelo Ebrard, speaks during a press conference following the formal meeting between representatives from Mexico, the US and Canada as part of the review process for the USMCA free trade agreement, in Mexico City on July 1, 2026. The United States will not renew a North American trade pact with Canada and Mexico in its current state, the US trade envoy said on July 1, meaning the deal will now be reviewed annually. (Photo by YURI CORTEZ / AFP via Getty Images)

(FILES) Colombia's presidential candidate for the Defensores de la Patria movement, Abelardo de la Espriella, raises his clenched fist at a polling station during the presidential election runoff in Barranquilla, Colombia, on June 21, 2026. Colombia's incoming government, led by Abelardo de la Espriella, announced on Wednesday that it would reduce the size of the state and give the green light to oil and gas extraction using fracking in response to the high budget deficit. (Photo by Jaime SALDARRIAGA / AFP via Getty Images)

(FILES) Colombia's presidential candidate for the Defensores de la Patria movement, Abelardo de la Espriella, salutes from behind a bullet-proof glass following the preliminary results of the presidential runoff election at the Ventana al Mundo monument in Barranquilla, Colombia, on June 21, 2026. Colombia's incoming government, led by Abelardo de la Espriella, announced on July 1, 2026 that it would reduce the size of the state and give the green light to oil and gas extraction using fracking in response to the high budget deficit. (Photo by Juan BARRETO / AFP via Getty Images)

(FILES) Colombia's President-elect Abelardo de la Espriella speaks after receiving his official credential at the National Registry of Civil Status headquarters in Bogota on June 25, 2026. Colombia's incoming government, led by Abelardo de la Espriella, announced on July 1, 2026 that it would reduce the size of the state and give the green light to oil and gas extraction using fracking in response to the high budget deficit. (Photo by Luis ACOSTA / AFP via Getty Images)

Members of global development aid organization ONE pose with masks with the faces of German cabinet ministers and with the jerseys of the German national football team during a protest against massive cuts in development cooperation under the motto "Red Card for Merz" in Berlin on July 1, 2026. The activists wear masks with the faces of (front row, LtoR) German Minister for Economic Cooperation and Development Reem Alabali-Radovan, German Chancellor Friedrich Merz, German Minister for Research, Technology and Aerospace Dorothee Baer, German Foreign Minister Johann Wadephul, German Minister for Labour and Social Affairs Baerbel Bas, and (back row, LtoR) German Finance Minister and Vice Chancellor Lars Klingbeil, German Defence Minister Boris Pistorius, German Interior Minister Alexander Dobrindt, German Economy and Energy Minister Katherina Reiche, Chief of Staff and Minister for Special Tasks Thorsten Frei and German Minister for Education, Family, Senior Citizens, Women and Youth Karin Prien. The federal government is set to adopt its draft budget for 2027 next week. (Photo by Tobias SCHWARZ / AFP via Getty Images)

Members of global development aid organization ONE pose with masks with the faces of German cabinet ministers and with the jerseys of the German national football team during a protest against massive cuts in development cooperation under the motto "Red Card for Merz" in Berlin on July 1, 2026. The activists wear masks with the faces of (front row, LtoR) German Minister for Economic Cooperation and Development Reem Alabali-Radovan, German Chancellor Friedrich Merz, German Minister for Research, Technology and Aerospace Dorothee Baer, German Foreign Minister Johann Wadephul, German Minister for Labour and Social Affairs Baerbel Bas, and (back row, LtoR) German Finance Minister and Vice Chancellor Lars Klingbeil, German Defence Minister Boris Pistorius, German Interior Minister Alexander Dobrindt, German Economy and Energy Minister Katherina Reiche, Chief of Staff and Minister for Special Tasks Thorsten Frei and German Minister for Education, Family, Senior Citizens, Women and Youth Karin Prien. The federal government is set to adopt its draft budget for 2027 next week. (Photo by Tobias SCHWARZ / AFP via Getty Images)