Trump declines to extend USMCA, seeks separate deals with Canada and Mexico

President Donald Trump chose not to extend the U.S.-Mexico-Canada Agreement (USMCA) during the six-year review deadline and will instead pursue separate trade agreements with Canada and Mexico that could last up to a decade. A senior administration official confirmed the decision to the press, noting that the United States will engage both countries to address perceived shortcomings and trade deficits.

U.S. Trade Representative Jamieson Greer said the three nations held a virtual meeting as required by the pact and that the United States did not agree to renew the agreement in its current form. He added that the USMCA remains in effect until it is either resolved or terminated, and that bilateral talks with Mexico are scheduled for the week of July 20.

The USMCA, which replaced NAFTA, was signed in December 2019 and took effect on July 1, 2020, with a term set to run through 2036. Data from the U.S. International Trade Commission show that Canada and Mexico are the United States' largest export markets, while Mexico is the top source of U.S. imports and Canada ranks third.