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US declines to renew USMCA, triggering uncertain future for trade pact

By Bradley Dress ( July 1, 2026, 17:38 GMT | Insight) -- The Trump administration on Wednesday declined to renew the United States-Mexico-Canada Agreement, rebuffing the trade pact governing $2 trillion in annual trading between the North American partners and setting the stage for what could be years of talks and chilled economic tensions.The Trump administration on Wednesday declined to renew the United States-Mexico-Canada Agreement, rebuffing the trade pact governing $2 trillion in annual trading between the North American partners and setting the stage for what could be years of talks and chilled economic tensions....

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