Trump Declines to Renew USMCA, Opening a Decade of Trade Uncertainty for North America
New Delhi, July 2 -- The Trump administration has declined to renew the United States-Mexico-Canada Agreement, the continent's governing trade treaty, letting a mandatory deadline pass on Wednesday without extension and triggering a process of annual reviews that trade experts warn could leave businesses operating under a cloud of uncertainty for the rest of the decade.
exactly six years after USMCA took effect - as the agreement required. "The United States did not agree to renew the USMCA in its current form," Greer said. "As a result, the USMCA is not renewed." He added that the agreement would nonetheless remain "in force pending resolution of these issues or until the Agreement's termination" and that Washington would continue engag...
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