US won’t renew USMCA trade pact as Greer targets Canada’s China ties

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Jul 1, 2026 #Beijing, #Bloomberg, #Canada, #China, #Chinese, #donald trump, #Jamieson Greer, #Marcelo Ebrard, #Mexico, #North America, #North American Free Trade Agreement, #Patrick Childress, #South China Morning Post (SCMP), #United States, #United States-Mexico-Canada Agreement, #Washington

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US won’t renew USMCA trade pact as Greer targets Canada’s China ties

Beijing not named in official notice, but US trade chief blames Canada’s courtship of Chinese investment as major obstacle to new agreement

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US Trade Representative Jamieson Greer speaks during a news conference in Detroit in January. He confirmed on Wednesday that the US would not renew its North American trade pact with Canada and Mexico. Photo: TNS

Igor Patrickin WashingtonPublished: 5:33am, 2 Jul 2026Updated: 8:36am, 2 Jul 2026The United States confirmed on Wednesday it would not renew its North American trade pact, its trade chief blaming Canada’s pursuit of Chinese investment.US Trade Representative Jamieson Greer said the three governments met virtually and that Washington would not endorse the United States-Mexico-Canada Agreement (USMCA) in its current form.

“The United States did not agree to renew the USMCA in its current form. As a result, the USMCA is not renewed,” Greer said in a statement.

The refusal did not tear up the pact, which stays in force while the three governments begin annual reviews that could run until it expires in 2036.

A renewal on Wednesday would have reset that clock to 2042 and spared businesses a decade of recurring uncertainty.

The agreement replaced the North American Free Trade Agreement in 2020 and covers a market worth about US$1.8 trillion a year. It supports an estimated 17 million jobs and allows parts and products to cross the three borders without tariffs.

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