U.S. declines to extend CUSMA trade deal with Canada, Mexico

02-Jul-2026

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U.S. President Donald Trump's administration is opting not to extend its trade agreement with Canada and Mexico, triggering what are expected to be tough negotiations on amending the deal.

The announcement by U.S. Trade Representative Jamieson Greer followed a virtual meeting on July 1 with Canada-U.S. Trade Minister Dominic LeBlanc and Mexico's economy secretary, Marcelo Ebrard.

The U.S. announcement does not kill CUSMA, which does not expire until 2036.

Wednesday was the deadline set out in the text of the deal for each country to declare whether they want to extend it to 2042 or renegotiate its terms.

The U.S. move was widely anticipated, although the Trump administration had not made it official until now.

Mexico and Canada had previously stated they wanted CUSMA extended, and were willing to discuss amendments.