U.S. Set to Kill USMCA as Mexico and Canada Talks Collapse

Washington is expected to formally announce it will not extend the United States-Mexico-Canada Agreement, a move that could dismantle one of the world's largest trading blocs after three-way negotiations broke down.

The U.S. is expected to announce it will not renew the USMCA free trade agreement.
Mexico City and Ottawa both failed to reach terms with Washington before the deadline.
The USMCA governs roughly $1.5 trillion in annual cross-border trade across the three nations.
The decision would leave no framework in place for North American trade covering goods, agriculture, and manufacturing.
An official announcement from Washington is expected imminently, sources told the Wail.

The United States will not extend the USMCA free trade agreement with Mexico and Canada, the Wail has confirmed, ending a trilateral arrangement that has governed more than $1.5 trillion in annual cross-border commerce.

Washington is set to make the announcement after separate talks with Mexico City and Ottawa failed to produce acceptable terms before the agreement's review deadline.

The USMCA, which replaced NAFTA in 2020, covers trade in goods, agricultural products, digital commerce, and manufacturing across all three countries. Its expiration without renewal would leave no binding framework in place for North American trade.

Both Canada and Mexico pushed to preserve the deal. Neither secured the concessions required to satisfy Washington, according to sources familiar with the negotiations.

The collapse marks the most significant rupture in North American trade relations in decades. Supply chains tied to automotive, agriculture, and energy sectors face immediate uncertainty.

A formal announcement from the White House is expected within days. Congressional leaders on the Senate Finance Committee and the House Ways and Means Committee are expected to hold emergency briefings this week.