What July 1 means for CUSMA talks

Canadian, U.S. and Mexican officials are meeting on July 1 to review the CanadaUnited StatesMexico Agreement (CUSMA), the trade pact that has helped shield most Canadian exports from U.S. tariffs. The review is a required checkpoint in the deal, not an expiration date. Under the agreement, the three countries must decide whether to extend CUSMA for another 16 years. Canada and Mexico have said they want the pact renewed, while the Trump administration has signaled it wants broader changes to the deal. If the U.S. does not agree to an extension, CUSMA still remains in force until 2036 unless a country formally withdraws with six months' notice. Negotiations are expected to continue after the July 1 meeting, with key disputes including tariffs, auto rules, dairy access and concerns about imports from China entering the U.S. through North America.