United States declines to renew CUSMA, sparking trade uncertainty for Canada

United States Trade Representative Jamieson Greer announced that the United States will not renew the Canada‑U.S‑Mexico trade agreement (CUSMA/USMCA) in its current form, echoing President Donald Trump's view that the pact no longer serves American interests. The decision arrives as the administration’s attention is focused on the war with Iran, reducing political pressure on the trade review.

Canada’s trade minister Dominic LeBlanc reaffirmed support for renewal, noting that “the CUSMA supports millions of jobs across North America” and stressing the importance of stable market access for Canadian industry. Analysts warn that the U.S. stance creates significant uncertainty for Canada’s economy, especially the agri‑food sector that relies on predictable export markets. Mexico appears to be further ahead in its negotiations with Washington, leaving Canada feeling sidelined. The trade impasse has also contributed to rising shipping costs as retailers rush to secure shipments amid tariff uncertainty.