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US opts not to renew Trump’s trade deal with Mexico and Canada

Washington will instead hold annual reviews on terms of commerce with its biggest trading partners

The Trump administration will not renew its 2020 trade deal with Canada and Mexico, casting new doubt on the future of an agreement that had been a bedrock of commerce between the US and its neighbours.

US trade representative Jamieson Greer made the announcement on Wednesday after holding a meeting with Canadian and Mexican counterparts to discuss the US-Mexico-Canada Agreement, struck by President Donald Trump in his first term.

“The United States did not agree to renew the USMCA in its current form. As a result, the USMCA is not renewed,” Greer said in a statement afterwards.

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