Canada and Mexico tell US they want free trade deal renewed

Canada has proposed renewing the United States-Mexico-Canada Agreement (USMCA) for 16 years and simultaneously initiating discussions on sectoral tariffs. Canadian Minister Dominic LeBlanc outlined these suggestions in a letter to the US and Mexico, ahead of a meeting with US Trade Representative Jamieson Greer. These trade discussions have been stalled since late last year. Canada also seeks to address US-imposed tariffs on steel, aluminum, and cars, which have impacted its economy. The USMCA review process, which must be completed by July 1, has seen criticism of Canada's pace compared to Mexico's engagement with the US administration.

Canada has formally requested the renewal of the United States-Mexico-Canada Agreement (USMCA) trade deal. Canadian Trade Minister Dominic LeBlanc sent a letter to his North American counterparts proposing the renewal. Discussions are also underway regarding increasing the percentage of US content in North American-made cars and coordinating external tariffs. The US has reportedly asked for vehicles made in North America to contain at least 50% American-made content, a level Canadian-made cars already meet. This request comes amidst domestic pressure on the Canadian prime minister to improve economic growth and address youth unemployment.