Canada and Mexico are pushing for a 16-year renewal of the North American free trade agreement (USMCA) with the United States. This move aims to secure the pact amid US President Donald Trump's skepticism. The agreement is crucial for both nations, with the US being their primary trading partner.
Canada has formally requested a 16-year renewal of the USMCA trade pact with the US and Mexico, as a July deadline approaches. Trade Minister Dominic LeBlanc is in Washington for talks with US Trade Representative Jamieson Greer, but disagreements persist over tariffs and auto manufacturing content.
Canada has formally requested a 16-year renewal of the USMCA trade pact with the US and Mexico, as a July deadline approaches. Trade Minister Dominic LeBlanc seeks to remove sector-specific tariffs, while US Trade Representative Jamieson Greer indicates potential US tariffs and increased North American content for vehicles.
