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LeBlanc says Canada seeking clarity after U.S. opts for annual CUSMA review
Canada says the annual review plan leaves the agreement’s future unclear, while bilateral talks with the United States and Mexico continue over tariffs.
The United States decided to require annual reviews of the Canada-United States-Mexico Agreement instead of a long-term renewal, leaving Canada uncertain about the next steps in trade negotiations.
Shifting from the 16-year term Canada and Mexico originally expected, the U.S. decision initiates a renewable annual review process lasting up to 10 years before the agreement expires in 2036.
During their July 1 meeting, Trade Minister Dominic LeBlanc pressed U.S. Trade Representative Jamieson Greer for structure, stating, "We're not in a hurry, but we're also not interested in having uncertainty."
Deputy U.S. Trade Representative Jeffrey Goettman contacted Chief Trade Negotiator Janice Charette to set an agenda for bilateral discussions in Washington in the coming weeks, with Mexico planning to host a U.S. delegation during the week of July 20.
LeBlanc emphasized the importance of an integrated North American economy with competitive supply chains as the agreement faces a 2036 expiry date if no extension path is found.