US Expected to Trigger USMCA Sunset Review, Potentially Leading to 2036 Expiry

The United States is reportedly preparing to notify Canada and Mexico of its intent not to extend the USMCA trade agreement, initiating its sunset review. This action could result in the pact's expiration in 2036 and prompt extensive negotiations. Key areas of dispute include automotive regulations, regional manufacturing, and market access, with a focus on preventing Chinese goods from exploiting preferential trade terms.