U.S. declines to extend CUSMA trade deal with Canada and Mexico
CUSMA trade agreement faces fresh talks as the U.S. rejects an extension See what Canada, Mexico and Washington may change next as trade tensions build
The Trump administration has said it will not extend the CUSMA trade agreement beyond its current terms, opening the door to fresh talks with Canada and Mexico over possible changes to the pact.
U.S. Trade Representative Jamieson Greer made the announcement after a virtual meeting with Canadian Trade Minister Dominic LeBlanc and Mexican economy secretary Marcelo Ebrard. The decision does not end the agreement, which remains in force until 2036, but it does remove the option of extending it automatically to 2042.
Canadian officials said they are prepared to continue discussions, including issues such as tariffs on steel, aluminum, autos and lumber. Mexican President Claudia Sheinbaum said the deadline did not prevent the countries from revisiting the agreement later, while U.S. officials said Washington will keep engaging with both partners and continue raising trade concerns.