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USMCA’s Future Hangs in Balance | Annapolis News
The U.S. is holding off on extending the USMCA trade deal with Canada and Mexico, setting a 2036 expiration date unless key issues are resolved — but duty-free trade continues for most goods. While consumers won’t feel much impact, businesses face uncertainty that could delay major investments and slow economic growth. The deal, which replaced NAFTA in 2020, is vital for North America’s integrated supply chains and competitiveness against China. The U.S. is pushing for more control over how Canada and Mexico engage with Chinese tech and EVs, and wants more North American content in products…
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