Washington does not extend trade pact with Canada and Mexico

Washington announced its rejection of extending the trilateral trade agreement with Canada and Mexico, indicating that it will remain in effect until 2036 with annual reviews. The U.S. is currently negotiating to find solutions for unresolved issues and to address trade deficits. An extension of the agreement until 2042 will be considered before the July 1 deadline, but the current decision remains not to extend it. The agreement will continue to be valid until its expiration in 2036 unless a new agreement is reached.

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