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Canada to launch CUSMA consultations after U.S. ambassador says bigger deal not in the cards

The 45-day U.S. public consultation aims to gather input on the USMCA, a trade agreement covering $2 trillion in goods and services, ahead of its mandatory 2026 review.

  • Canada will soon announce formal consultations on the Canada-U.S.-Mexico Agreement within the next week, as stated by Canada's Trade Minister Dominic LeBlanc's office.
  • U.S. Ambassador Pete Hoekstra mentioned that it's 'obvious' a larger agreement with Canada will not happen, indicating a shift to smaller deals as consultations are opening for a revised CUSMA.
  • Mexico's Economy Secretary Marcelo Ebrard emphasized the importance of public consultation to evaluate the progress of the USMCA and suggest future improvements.
  • The review of the USMCA, scheduled for July 1, 2026, will influence North American trade relationships moving forward.
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The Canadian government announced this Friday the beginning of a public consultation process to seek opinions on the functioning of the T-MEC trade agreement with the United States and Mexico, with a view to the first joint review of the pact in 2026. Participants will be able to send their comments from September 20 to November 3, according to a statement from the Canadian Foreign Ministry. "Your views will help us ensure that this agreement co…

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Dominic LeBlanc announced that consultations on the Canada-U.S.-Mexico Agreement (ACEUM) would begin on Friday, in anticipation of the planned revision of the North American trade pact next year.

·Montreal, Canada
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insidetrade.com broke the news in on Tuesday, September 16, 2025.
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