
USMCA Renewal Delayed as US Shifts to Annual Reviews
The US has passed on a full USMCA renewal, choosing yearly reviews instead. Here is what that means for trade with Canada and Mexico, and what officials are negotiating next.

The US has passed on a full USMCA renewal, choosing yearly reviews instead. Here is what that means for trade with Canada and Mexico, and what officials are negotiating next.

The U.S. has refused to renew the USMCA as written, kicking off annual reviews even as trade with Mexico and Canada hits record highs.

The US will not renew the USMCA in its current form, shifting the pact to annual reviews and stirring fresh uncertainty for supply chains across North America.