The Latest Breaking News from USMCA

Trump Admits His New Tariffs Achieve the Same Goal as the Ones the Supreme Court Struck Down— Just 'A Harder Way'

President Donald Trump said that his administration’s newly imposed U.S. tariffs are effectively the same as the tariffs the Supreme Court ruled illegal earlier this year.

Benzinga · Jul 29

U.S. Presses Mexico to Adopt Trump's Steel Tariffs on Chinese Import

Washington currently imposes a 50% Section 232 tariff on basic steel and aluminum from China and most other economies, along with a 25% duty on derivative products

Latin Times · Jul 27

Gavin Newsom Says Trump's Canada Tariffs Will Raise Costs, Asks How Many 'Tantrums' Do Americans Have To Suffer Through

President Donald Trump‘s new 50% tariffs on Canadian goods drew criticism on Tuesday, with Gov. Gavin Newsom (D-Calif.) warning the move would raise costs for Americans, while economist Justin Wolfers said the tariffs could weaken confidence in future U.S. trade agreements.

Benzinga · Jul 22

The Trump Administration Has Decided Not to Extend USMCA Trade Deal. Now A Countdown Begins to Change It

The United States has declined to extend the U.S.-Mexico-Canada Agreement (USMCA) during its mandatory six-year review, launching a 10-year countdown that could ultimately bring an end to the agreement unless the three countries agree to significant revisions.

International Business Times · Jul 2

Trump Administration Rejects Current North American Trade Pact — Mexico, Canada Back Continued Talks

The Trump administration on Wednesday declined to renew the trilateral treaty agreement with Mexico and Canada in its current form during a scheduled six-year review, with the countries now expected to continue negotiations over proposed changes.

Benzinga · Jul 2

Six Years In, Trump Walks Back His Own USMCA Trade Pact — And Autos Are Ground Zero

The U.S. rejected a clean USMCA renewal on July 1, triggering annual reviews through 2036 as autos, China limits and labor pay dominate talks.

Latin Times · Jul 2

Trump administration declines to renew North American trade deal, starts 10-year wind-down clock

The United States has declined to extend the USMCA trade deal, initiating a ten-year wind-down period. This move aims to reshore manufacturing and reduce trade deficits. Negotiations with Mexico and Canada are ongoing, focusing on automotive rules of origin. While Mexico seeks resolution, disagreements persist. The deal's future remains uncertain,…

The Economic Times · Jul 2

Trump refuses to renew US-Canada-Mexico trade pact he once championed

Trump and US officials opted to keep USMCA alive on short leash of annual reviews rather than longer term renewal

The Guardian - US · Jul 1

A New USMCA Extension Window Passed Without Agreement. Automakers Are Now Preparing For Changes.

The auto sector, which accounts for nearly a fifth of US trade with Canada and Mexico, faces renewed uncertainty over rules governing vehicle parts and manufacturing flows.

International Business Times · Jul 1

'Cloud of Uncertainty': How Trump's Sudden USMCA Renegotiation Threatens the Future of North American Automaking

The USMCA review begins, potentially altering North America's automotive industry. Stricter rules could affect manufacturing, investment, and trade, with significant implications for the region's integrated supply chains.

International Business Times UK · Jul 1