The US won’t renew its trade deal with Canada and Mexico, choosing instead to conduct annual reviews of the pact in a decision that risks adding uncertainty for com…

The White House hopes that annual reviews will curb the United States’ trade deficit with Mexico and Canada.

The US refuses to extend the USMCA trade agreement with Canada and Mexico, triggering annual reviews and potential renegotiations that could reshape North

USMCA came into effect on July 1, 2020, and is slated to expire after 16 years.