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USMCA Future in Limbo | Toronto News
The USMCA is on hold as the U.S. refuses to renew it in its current form, triggering annual reviews for the next decade. While still active, the pact’s future hangs in the balance as the U.S. pushes to fix trade imbalances with Canada and Mexico, citing issues like dairy policies, “Buy Canadian” rules, and alcohol imports. Canada fiercely defends the deal as vital to millions of jobs and economic stability, calling the U.S. stance a threat to North American unity. With nearly $2 trillion in annual trade at stake, the next decade will reveal whether the USMCA evolves, stagnates, or unravels…
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