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BumRushDaShow

(173,844 posts) Wed Jul 1, 2026, 03:35 PM 3 hrs ago

Trump declines to renew major trade deal with Canada, Mexico

Source: The Hill

07/01/26 1:12 PM ET

The Trump administration announced Wednesday it will not renew the United States–Mexico–Canada Agreement (USMCA) in its current form. Wednesday marked the deadline to renew the trade agreement, which President Trump struck with Canada and Mexico during his first administration.

U.S. Trade Representative Jamieson Greer noted in a statement that even though the administration will not renew the USMCA, it will remain “in force pending resolution of these issues or until the Agreement’s termination.”

Greer noted that the U.S. will meet with Mexico during the week of July 20 for a third round of negotiations. “The United States will continue to engage with Mexico and Canada to address the Agreement’s shortcomings and our trade deficits with these countries,” he said.

The agreement is set to automatically expire July 1, 2036, unless all three member countries agree to formally renew it for an additional 16-year term.

Read more: https://thehill.com/homenews/administration/5949845-trump-administration-usmca-renewal/

8 replies

= new reply since forum marked as read

Highlight:

Trump declines to renew major trade deal with Canada, Mexico (Original Post) BumRushDaShow 3 hrs ago OP

shitstain just fucking more shit up as normal dave99 3 hrs ago #1

Mr. art of the deal should have avoided those shortcomings when he negotiated the deal. SamuelAdams 2 hrs ago #2

English. Do they speak it? Miguelito Loveless 2 hrs ago #3

Trump speaks Trump. ananda 2 hrs ago #4

"It expires today, so that is the agreement's 'termination'". BumRushDaShow 1 hr ago #6

No, it doesn't expire until 2036 but this was the deadline to simply continue in current form. ChicagoTeamster 50 min ago #8

Here we go again. Sorry farmers, no fertilizer for you. No car parts either. Brace for another shakedown. Vinca 2 hrs ago #5

He has no concept of what is even traded between the US and these countries yet he decides. twodogsbarking 1 hr ago #7

dave99

(692 posts)

1. shitstain just fucking more shit up as normal

Reply to BumRushDaShow (Original post)

Wed Jul 1, 2026, 03:40 PM

3 hrs ago

SamuelAdams

(388 posts)

2. Mr. art of the deal should have avoided those shortcomings when he negotiated the deal.

Reply to BumRushDaShow (Original post)

Wed Jul 1, 2026, 04:46 PM

2 hrs ago

The premise of his tariffs is to get countries to negotiate trade deals. Why would he be trusted to negotiate better deals now, many with our adversaries, than he did with Canada and Mexico in his first term? If he can't manage to negotiate a satisfactory trade deal with our allies, what chance does he have of negotiating a peace/nuclear deal with Iran?

Miguelito Loveless

(6,071 posts)

3. English. Do they speak it?

Reply to BumRushDaShow (Original post)

Wed Jul 1, 2026, 04:47 PM

2 hrs ago

U.S. Trade Representative Jamieson Greer noted in a statement that even though the administration will not renew the USMCA, it will remain “in force pending resolution of these issues or until the Agreement’s termination.”

It expires today, so that is the agreement's "termination".

ananda

(35,856 posts)

4. Trump speaks Trump.

Reply to Miguelito Loveless (Reply #3)

Wed Jul 1, 2026, 04:56 PM

2 hrs ago

To "deal" with him, you have to speak Trump.

But.. why would anyone want to.

They can just move on and deal with countries
who speak human.

BumRushDaShow

(173,844 posts)

6. "It expires today, so that is the agreement's 'termination'".

Reply to Miguelito Loveless (Reply #3)

Wed Jul 1, 2026, 05:36 PM

1 hr ago

Technically it goes until 2036, when it officially "terminates" on its own (in its current form) if none of the signatories agree to updates.

But they are apparently in the process of updating, so things are status quo until either an updated or new agreement is reached OR it self-terminates if kept "as is" until 2036, whichever comes first.