Mexico and the US said on Thursday they will start talks on March 16 ahead of a review of the free trade agreement that has shaped both economies and kept some of their commerce steady despite US President Donald Trump's constantly changing tariff policy.

The bilateral trade talks are ahead of a scheduled review later this year of the United States-Mexico-Canada Agreement, or USMCA, the latest version of free trade agreements among the US, Mexico and Canada, dating back to the early 1990s that have intertwined the economies of the three North American countries.