Trump Says He Won’t Renew Current Trade Agreement With Mexico, Canada

Those reviews will continue until the three nations agree to a 16-year extension or until the agreement expires on July 1, 2036, under its sunset provision, according to reports.

“The United States did not agree to renew the USMCA in its current form. As a result, the USMCA is not renewed,” U.S. Trade Representative Jamieson Greer said following Wednesday’s meeting.

“The United States will continue to engage with Mexico and Canada to address the Agreement’s shortcomings and our trade deficits with these countries,” he added.