US Elects Not to Renew USMCA Trade Agreement Beyond 2036
On July 1, 2026, the United States government chose not to renew the USMCA trade agreement between the US, Mexico, and Canada for another 16-year term. The USMCA Free Trade Commission, composed of representatives from all three nations, was required to conduct a joint review, but the US declined to extend the agreement in its current form past 2036.