Washington declined to renew USMCA, triggering a decade of annual reviews. What the tariff standoff means for Mexico, Canada and Latin America.
Rio Times · Analysis
Key Facts
—What happened The US declined to renew USMCA for another 16 years, triggering annual reviews until the pact expires in 2036.
—The stakes Nearly $2 trillion in annual North American goods and services trade now sits under permanent negotiation.
—Tariffs stay Washington says levies on Canada and Mexico remain until the trade deficit narrows, with steel and aluminium hardest to unwind.
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