US blocks long-term renewal of North American trade deal
- The US has declined to renew the landmark US-Mexico-Canada Agreement (USMCA) in its current form, according to a senior US official.
- This decision means the trilateral trade pact will miss out on an automatic 16-year extension.
- The official said the administration "chose not to rubber stamp a USMCA renewal without addressing existing issues," and "the United States did not agree to renew the USMCA in its current form".
Unverified
- The US has declined to renew the landmark US-Mexico-Canada Agreement (USMCA) in its current form, according to a senior US official.
- This decision means the trilateral trade pact will miss out on an automatic 16-year extension.
- The official said the administration "chose not to rubber stamp a USMCA renewal without addressing existing issues," and "the United States did not agree to renew the USMCA in its current form".
Sources: BBC News