Why has Trump refused to renew the USMCA, and what will that mean?
- The United States has announced that it will not renew a trilateral trade agreement covering $1.6 trillion of trade between the US, Mexico and Canada, one day before the agreement was due for its first joint mandatory review.
- A statement from the US trade representative, Ambassador Jamieson Greer, on Wednesday said the US would not agree to renew the trilateral agreement, also known as USMCA, “in its current form”.
- Recommended Stories list of 3 itemslist 1 of 3Canada sidelined in USMCA renegotiations amid growing trade riftslist 2 of 3Mexico and Canada push to extend USMCA trade pactlist 3 of 3C
Unverified
- The United States has announced that it will not renew a trilateral trade agreement covering $1.6 trillion of trade between the US, Mexico and Canada, one day before the agreement was due for its first joint mandatory review.
- A statement from the US trade representative, Ambassador Jamieson Greer, on Wednesday said the US would not agree to renew the trilateral agreement, also known as USMCA, “in its current form”.
- Recommended Stories list of 3 itemslist 1 of 3Canada sidelined in USMCA renegotiations amid growing trade riftslist 2 of 3Mexico and Canada push to extend USMCA trade pactlist 3 of 3C
Sources: Al Jazeera