News Analysis
The United States has rejected the renewal of the North American free trade agreement, leaving its long-term future uncertain and setting the stage for continued negotiations between the three partners.
The outcome of the July 1 review of the Canada-United States-Mexico Agreement (CUSMA) didn’t come as much of a surprise. U.S. President Donald Trump suggested in recent weeks he would not renew the deal, and the United States and Mexico have a third round of bilateral negotiations on CUSMA planned for later this month.
The United States Trade Representative (USTR), which is leading the negotiations, has yet to announce a first round of formal bilateral talks with Canada….