U.S. won’t renew USMCA, opening door for negotiations with Canada and Mexico
... The USMCA was negotiated during Trump’s first term to replace the previous, 26-year-old trilateral trade pact known as NAFTA, which Trump frequently excoriated as a raw deal for the U.S.
When the new deal came into effect in July 2020, Trump touted it as “the fairest, most balanced, and beneficial trade agreement we have ever signed into law.” ...
