Canada, Mexico urge US to renew USMCA for 16 yearsrenew USMCA for 16 years
Canada and Mexico have asked the United States to renew the USMCA trade pact for another 16 years ahead of its scheduled July review.
The letters also point to separate talks on sector tariffs, underscoring how important the agreement is to North American trade and supply chains.
- NAFTA took effect in 1994 and helped make cross-border auto production a defining North American industry.
- Mexico is the United States' largest trading partner by goods volume in recent years.
- Trade disputes in North America often ripple through energy, agriculture, and auto supply chains far beyond the three countries.
