BloombergLean L·
US Decides Against Renewing USMCA, Shifting to Rolling Talks
The US decided against renewing its trade deal with Canada and Mexico, US Trade Representative Jamieson Greer said, choosing instead to conduct annual reviews of the pact in a move that risks adding uncertainty for companies producing goods across North America. The US-Mexico-Canada Agreement, or USMCA, will remain in force for another a decade provided no one country decides to exit. Annual reviews instead of a longer-term renewal open the door to years of contentious negotiations. Bloomberg N…
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