Chicago – July 01, 2026
The United States declined to extend the U.S.-Mexico-Canada trade agreement on Wednesday, triggering a process of annual reviews and opening a decade-long countdown that could unwind the pact unless renegotiated or renewed, U.S. officials said.
Jamieson Greer, the U.S. trade representative, told counterparts in Mexico and Canada the administration would not seek the 16-year extension under the agreement’s July 1 deadline, saying more time is needed to address shortcomings and press for changes that would shift more manufacturing to the United States.
The decision does not immediately repeal the pact, which remains in force until 2036, but it creates fresh uncertainty for North American businesses by subjecting the deal to yearly reviews and potential withdrawal over the next decade.
Canadian and Mexican officials urged continued talks to preserve supply chains and investment, while U.S. industry groups warned that prolonged uncertainty — especially amid tariffs imposed this year on autos, metals and lumber — could deter investment and disrupt production.
Negotiators have scheduled further discussions later in July to try to bridge differences, but officials caution the outcome remains uncertain as political and economic stakes rise across the region.
