Canada has officially told the U.S. and Mexico that it wants to renew the Canada-U.S.-Mexico Agreement (CUSMA), the free trade deal between the three countries.
Trade Minister Dominic LeBlanc sent a letter ahead of the July 1 review date for the agreement. The U.S., led by President Donald Trump’s administration, is expected to push for major changes, including stricter rules on car manufacturing and more access to Canada’s dairy market.
Prime Minister Mark Carney said the U.S. has more trade concerns with Mexico than with Canada. He also criticized U.S. tariffs on Canadian steel, aluminum, cars and lumber.
CUSMA currently protects many Canadian exports from tariffs and supports about $1.3 trillion in trade each year. Even if talks continue, the agreement will stay in place until 2036 unless a country decides to leave.
