Sunday, June 7Sunday, June 7Mexico and Canada formally propose a 16-year extension of the USMCA trade pact, escalating pressure on the U.S. to respond ahead of a 2026 review deadline.
Officials from both countries submitted a joint proposal to the U.S. Trade Representative (USTR) on Tuesday, calling for the United States-Mexico-Canada Agreement (USMCA) to remain in force until 2042, according to a Reuters report . The current agreement, which replaced NAFTA in 2020, includes a "sunset clause" requiring all three nations to reconfirm their commitment by July 1, 2026—or risk automatic termination.
Canadian and Mexican trade delegations framed the extension as a bid to "provide stability for businesses and workers" amid rising protectionist tensions, Al Jazeera reported . The proposal follows months of behind-the-scenes negotiations, including a "lengthy and positive" meeting between Canadian officials and USTR Jamieson Greer in Washington last week, where both sides exchanged draft texts to "move talks back to higher gear," the *Wall Street Journal* said .
The U.S. has not yet signaled its position. The USTR is currently focused on a separate review of potential tariff cuts on Chinese goods, a process that opened for public comment on Monday . However, the USMCA extension bid arrives as the Trump administration—now in its second term—considers sweeping new tariffs on Mexico, Canada, and the EU over alleged forced labor practices. A draft proposal from the president’s trade adviser, reported by *Viewline Media*, recommends a 10% duty on imports from the three USMCA partners, with a 12.5% rate for other countries .
The timing of the extension push underscores the pact’s fragility. USMCA’s rules of origin—particularly for automotive manufacturing—have been a persistent flashpoint, with U.S. labor unions and some lawmakers arguing Mexico’s lower wages undercut American jobs. Meanwhile, a recent discovery of a 600-meter drug-smuggling tunnel beneath the U.S.-Mexico border, equipped with hydraulic lifts and rail systems to transport $45 million in cocaine, has reignited security concerns that could complicate trade negotiations, authorities said .
The USTR has until July 2026 to decide whether to endorse the extension or push for renegotiations. If no consensus is reached, the pact will lapse, reverting trade rules to World Trade Organization terms—a scenario analysts warn could disrupt $1.5 trillion in annual North American commerce.
USTR seeks comment on possible US-China tariff cuts under Board of Trade reut.rs/43dVOTr
bluesky bot · 4 days ago
El mercado laboral aflora 20.000 empleos en b entre extranjeros en las primeras semanas de la regularización masiva Los trabajadores foráneos son responsables de la mitad del aumento de la afiliación en mayo y de hasta 7 de cada 10 altas según datos de Funcas Leer
elmundo · 4 days ago
📰 Trump administration proposes 10 percent tariff on Canada, Mexico and the EU over forced laborThe presidents trade adviser also recommended a 12.5 percent duty for dozens of other countries. The tariff rates are not yet final. #UKNews #Europe
mastodon bot · 4 days ago
Oraș subteran al cartelurilor descoperit la granița SUA–Mexic: tunel de 600 de metri cu lift hidraulic și șine pentru transportul drogurilor Un tunel secret, lung de aproximativ 600 de metri și dotat cu lift hidraulic, ventilație și șine pentru transport, a fost descoperit între Tijuana și San Diego, într-o operațiune antidrog de amploare.
adevarul · 4 days ago
Mexico and Canada push to extend USMCA trade pact Mexico and Canada have backed extending the USMCA trade agreement for another 16 years.
aljazeera · 4 days ago
Cocaină la capătul tunelului: Un pasaj subteran folosit pentru traficul de droguri, descoperit între California şi Mexic Lung de şase sute de metri, dotat cu electricitate, ventilaţie şi un sistem de şine pentru transportul drogurilor: un vast tunel utilizat pentru a trece peste 45 de milioane de dolari în cocaină a fost descoperit la graniţa dintre California şi Mexic, au anunţat autorităţile americane, scrie AFP.
digi24 · 4 days ago
Massive drug tunnel uncovered beneath US-Mexico border US authorities released footage of a sophisticated tunnel running beneath the US-Mexico border, saying it was used to smuggle more than $45 million worth of cocaine from Tijuana into California.
euronews · 4 days ago
Mexico backs extending USMCA trade pact for 16 years reut.rs/3PGRAk9
bluesky bot · 4 days ago
Lula associa tarifaço dos EUA a Flávio Bolsonaro. Imbecil e traidor da pátria, diz Presidente afirma que senador pediu interferência dos Estados Unidos em tentativa de influenciar eleições presidenciais. Flávio nega acusações e diz que pediu para Trump não aplicar tarifas.
publico · 4 days ago
U.S., Canada Exchange Proposals to Move Trade Talks Back to Higher Gear Canadian officials said they had a lengthy and positive meeting in Washington with U.S. Trade Representative Jamieson Greer as they try to move talks between Ottawa and D.C. on more a fruitful path.
wsj · 4 days ago