USMCA Renewal Rejected
The U.S. says it won’t renew the North American trade pact, setting up new talks.
July 1, 2026 · Updated Jul 1, 8:18pm ET
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What happened
The Trump administration said the United States will not renew the United States-Mexico-Canada Agreement in its current form, blocking an automatic long-term extension of the North American trade pact that replaced NAFTA in 2020. U.S. Trade Representative Jamieson Greer said Washington would not “rubber stamp” renewal, leaving the deal in force but subject to annual reviews rather than extending it to 2042. The decision opens the door to new negotiations with Canada and Mexico over a framework governing roughly $2 trillion in annual trade. Trump had championed USMCA during his first term, but his administration now says unresolved issues require fresh talks before any longer-term commitment.










