2026/7/2 08:16 (Updated at 7/2 08:35) Please agree to our privacy policy to enable the news listening function. From left are the Mexican flag, the Canadian flag and the American flag. (Reuters) (Central News Agency, Washington, 1st comprehensive foreign news report) U.S. Trade Representative Jamieson Greer said today that the United States will not extend the United States-Mexico-Canada Agreement (USMCA) according to its current content, which means that the agreement will be reviewed annually from now on. Agence France-Presse and Reuters reported that given that the supply chains of industries such as automobiles are deeply integrated in North America, this move is likely to exacerbate the uncertainty faced by companies. However, even if it is not extended by today’s deadline, the US-Mexico-Canada Agreement will remain in effect for 10 years. The free trade agreement will then be reviewed annually unless a member decides to withdraw completely. Greer said in a statement: “The United States does not agree to renew the U.S.-Mexico-Canada Agreement under its current content. Therefore, the agreement has not been renewed.” He also said: “The United States will continue to communicate with Mexico and Canada to address the shortcomings of the agreement and our trade deficits with these countries.” A senior U.S. official told reporters that the trade deficit is a core concern for the United States, and it also includes opportunities for market access. The official also pointed out that there are tensions between dairy products and areas such as corn. Mexican Economy Minister Marcelo Ebrard confirmed that negotiations were at an impasse but said the differences faced by the parties were not irresolvable. Canada’s Minister of Trade with the United States, Dominic LeBlanc, said Canada will continue to work hard to deal with the tariffs imposed by U.S. President Trump on Canadian steel, aluminum, automobiles and lumber products. LeBlanc said: “We all agree on the importance of continuing the dialogue and finding ways to ensure that the trade and investment architecture between Canada, the United States and Mexico can continue to support the prosperity and competitiveness of North America.” (Compiled by: Chen Yuting) 1150702 Support the Central News Agency Choose to stand with the facts. Every sponsorship you make is the power to protect press freedom. For small donations, download the Central News Agency’s “First-hand News” APP to get the latest news in real time. The text, pictures, and audio and video on this website may not be reproduced, publicly broadcast, or publicly transmitted and used without authorization.
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