As deadline to formally extend CUSMA nears, here’s what to know (opens original article in a new tab)

The Canada-U.S.-Mexico Agreement (CUSMA) faces a July 1 deadline for extension, with Canada and Mexico seeking a 16-year extension, while the U.S. under Trump shows reluctance, potentially leading to continued negotiations or a phased expiration.

• July 1 is the deadline for Canada, Mexico, and the U.S. to extend CUSMA for 16 years or continue annual reviews.
• Canada and Mexico want to extend CUSMA to 2042, but the U.S. may not agree, with Trump indicating he is 'not looking to renew' the agreement.
• If the U.S. doesn't extend CUSMA by July 1, it will remain in place until 2036 unless a country gives six months' notice of withdrawal.