U.S. Declines To Renew Trade Agreement With Canada, Mexico

to continue the agreement, it extends automatically for another 16 years. If not, the agreement remains in force but triggers annual joint reviews until the parties agree to a 16-year extension or the agreement terminates on July 1, 2036.

“The United States did not agree to renew the USMCA in its current form. As a result, the USMCA is not renewed. continue reading …