US will refuse to renew USMCA as China becomes fault line in North America trade review

US will refuse to renew USMCA as China becomes fault line in North America trade review

Officials from the US, Mexico and Canada will meet on Wednesday to review the agreement after Trump said he does not want to extend it

Trade chiefs from the three countries were due to meet virtually on the sixth anniversary of the United States-Mexico-Canada Agreement, with Washington widely expected not to confirm that it wants to keep the pact in its current form.

The move stops short of withdrawal, but would open a review that analysts say has become a contest over how far the Trump administration can curb Chinese access to the North American market.

“The priority is to get a new deal. We’re ready to negotiate an improvement of this agreement,” the Canadian leader said.

← Science