Business

U.S. Ends USMCA, Opens Negotiations

Updated 2026-07-01 17:10 UTC 1 source Neutral

The U.S. has decided not to renew the USMCA trade agreement with Canada and Mexico, setting the stage for new negotiations. The decision centers on trade deficits.

Coverage timeline — 1 article

CNBC

U.S. won’t renew USMCA, opening door for negotiations with Canada and Mexico

President Donald Trump's "primary" issue with USMCA centers on America's trade deficits with Canada and Mexico, a senior administration official said.

2026-07-01 17:04 UTC