Welcome back to World Brief, where we’re looking at the fate of the U.S.-Mexico-Canada trade agreement, indirect U.S.-Iran technical talks on the Strait of Hormuz, and joint Japan-India efforts to bolster supply chain security.
From ‘Best Agreement’ to Not Good Enough
The United States decided on Wednesday not to renew its trilateral trade agreement with Mexico and Canada. “We are not going to rubber-stamp renewal, not in its current form,” a senior U.S. administration official told reporters. Instead, Washington opted to conduct annual reviews of the deal’s conditions until its term expires in 2036, paving the way for sweeping renegotiations that could upend nearly $2 trillion in annual goods and services.
Welcome back to World Brief, where we’re looking at the fate of the U.S.-Mexico-Canada trade agreement, indirect U.S.-Iran technical talks on the Strait of Hormuz, and joint Japan-India efforts to bolster supply chain security.
From ‘Best Agreement’ to Not Good Enough
