U.S. Rejects CUSMA Renewal, Triggers Annual Review Process, Cites Deal’s ‘Shortcomings’
The agreement will shift to annual reviews as the U.S. seeks separate, longer deals with Canada and Mexico, officials said.
- On Wednesday, July 1, 2026, U.S. Trade Representative Jamieson Greer confirmed the United States met virtually with Canada and Mexico for the required six-year review, declining to renew the USMCA in its current form.
- The USMCA, which replaced NAFTA, took effect on July 1, 2020, and Wednesday marked the mandatory six-year review deadline that triggered today's virtual meeting between the three nations.
- Greer stated the U.S. will continue to "engage with Mexico and Canada" to address what the administration views as "shortcomings" in the agreement, particularly trade deficits.
- Instead of extending the agreement, President Donald Trump plans to pursue separate deals with Canada and Mexico that last for up to 10 years.
- The USMCA remains in force pending resolution of issues or termination, while the U.S. is scheduled to meet with Mexico during the week of July 20 for a third round of bilateral negotiations.
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Dominic LeBlanc, Canadian minister responsible for trilateral trade, reiterated Canada’s support for the T-MEC despite the US refusal to renew it. “We hope to continue working with the United States and Mexico in the coming weeks and months, as we work together to strengthen our shared economic prosperity.” Dominic LeBlanc, President of the Queen’s Privy Council for CanadaThe Canadian official said that the T-MEC will remain in force until 2036 …
USTR Jamieson Greer Makes It Official: "The USMCA is not renewed"
U.S. Trade Representative Jamieson Greer has made it official. Delivering an official statement today following a discussion between the United States, Mexico and Canada, USTR Jamieson Greer informed the group the USA will not be renewing the USMCA trilateral trade agreement. [SOURCE] [SOURCE] Unfortunately, yet predictably given how much false information has been pushed on […] The post USTR Jamieson Greer Makes It Official: “The USMCA is not …
Marcelo Ebrard, head of the Ministry of Economy of Mexico, pointed out that the three partners are heading for an annual review process of the T-MEC
The US government has decided this Wednesday not to extend the USMCA, or the T-MEC as it is known in Spanish, the great trade agreement with Canada and Mexico that was signed...
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