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USMCA’s Future Hangs in Balance | San Antonio News
The U.S. has chosen not to extend the USMCA trade deal with Canada and Mexico, kicking off a countdown to its 2036 expiration unless renegotiated. Trade remains mostly duty-free, with exceptions for steel and aluminum. While businesses face uncertainty and long-term planning challenges, consumers won’t notice immediate changes. Replacing NAFTA in 2020, the USMCA has helped integrate North American supply chains and boost global competitiveness — especially against China. The U.S. is pushing for greater control over trade and security with China, plus stricter rules on local content in…
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