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CUSMA Review Delay: U.S. Awaits Canada's Move

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U.S. Trade Representative Jamieson Greer reveals that the review of the Canada-U.S.-Mexico Agreement (CUSMA) wont be completed by July 1st, the deadline for deciding on renewal or changes. Negotiations with Mexico have progressed, but Canada is lagging, causing frustration due to issues like blocked U.S. alcohol sales. President Trump is also unhappy with the deals outcomes, as imports from Mexico have increased, and steel and aluminum imports from both countries exceed agreed levels. Greer notes a positive meeting with Canadas Trade Minister, but no restart date for full negotiations has been set. The U.S. must decide by July 1st, with Canada issues still unresolved, making the trade tango an eagerly watched event.

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CUSMA Review Delay: U.S. Awaits Canada's Move

Vancouver News Today | 2 Min News | The Daily News Now!

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Vancouver News Today | 2 Min News | The Daily News Now!CUSMA Review Delay: U.S. Awaits Canada's Move. Machine-transcribed; use the interactive transcript above to jump the player to any line.

It's April 7th. I'm Cory with the story, and this has been Cover News today, local news powered by AI. US trade representative Jamison Greer just laid it out clear. Don't expect the review of the Canada-US-Mexico agreement, or CUSMA as we call it. Up north, to wrap up by July 1st. That's the big deadline for deciding if the deal gets renewed as is or needs changes. Greer spoke at the Hudson Institute this week, saying while they're pushing hard, it's not happening that fast. Negotiations kicked off formally with Mexico last month, and they've made solid progress there, fixing a bunch of issues over the past year. Canada though? Still lagging behind. Americans are frustrated with stuff like Canadian provinces blocking U.S. alcohol sales through that by Canadian push tied to old tariff beefs. President Trump isn't thrilled either. He's made it playing, he's unhappy with how the deal's playing out. Imports of cars from Mexico shot up, and steel and aluminum from both neighbors exceeded those informal historic levels they agreed to stick by.

Makes it tough to call the agreement a win when trades not balancing out like promised. Greer noted a recent sit-down with Canada's trade minister Dominic LeBlanc back on March 6th when, well, a good vibe after Trump paused talks last. Year over, some Ontario ad drama, quoting Ronald Reagan, still no word on when full negotiations restart. On July 1st, the U.S. has to call it rubber stamp the deal, or demand tweaks. They're on track to sort some problems quick, but Canada issues linger, so eyes they glued to how this trade tangle unfolds next.

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