The U.S. government has declined to renew its trade pact with Mexico and Canada, known as the United States-Mexico-Canada Agreement (USMCA). The decision was made on Wednesday.
The Trump administration chose not to renew the agreement, according to reports from multiple sources. Lengthy negotiations are expected as the administration seeks changes to a trade deal that has streamlined supply chains across North America, DW reported.
Financial Times noted that Washington will instead hold annual reviews on terms of commerce with its biggest trading partners. Breitbart News reported that the Trump administration declined to renew the pact.
No left-leaning sources provided additional details beyond confirmation of the non-renewal. No right-leaning sources reported on this story.
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