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US declines to extend North American trade deal, starting clock to end it while seeking changes

01 July 2026 23:17 (UTC +04:00)

The Trump administration declined on ‌Wednesday to extend the U.S. trade agreement with Mexico and Canada, starting a decade-long clock to wind down the North American trade deal as it seeks changes to try to reshore manufacturing jobs, APA reports citing Reuters.

The decision, revealed after a six-year review of the U.S.-Mexico-Canada Agreement, keeps the agreement in place for another 10 years with annual reviews before it expires, unless the three countries agree to renew it with changes.

"The United States did not agree to renew the USMCA in its current form," U.S. Trade Representative Jamieson Greer ⁠said in a statement. "As a result, the USMCA is not renewed. The United States will continue to engage with Mexico and Canada to address the agreement's shortcomings and our trade deficits with these countries."

Greer said the U.S. will proceed with a USMCA bilateral negotiating round scheduled with Mexico during the week of July 20. A senior administration official said that the talks in Mexico City would focus on strengthening North American rules of origin for autos and other industrial goods and economic security to keep other countries from benefiting from USMCA access.