Trump refuses to renew US-Canada-Mexico trade pact he once championed
Donald Trump refused to renew the US-Canada-Mexico Agreement (USMCA) by Wednesday's deadline, opting for annual reviews instead of a longer-term renewal. A senior administration official stated that existing trade issues prompted this decision. The USMCA governs approximately $2 trillion annually in trade and will now face potential disruptions for businesses relying.
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Summary by OZbrief Editorial · The Guardian Australia – Business · Source
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Published 01 Jul 2026, 18:38 UTC · Updated 01 Jul 2026, 18:50 UTC
Summary by OZbrief Editorial. Original report: The Guardian Australia – Business. Editorial policy · Corrections
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