world-economy

USMCA Set for Formal Review as Trump Administration Signals Major Overhaul

The United States is expected to invoke a review clause in the U.S.-Mexico-Canada Agreement, triggering reassessment of the $2 trillion trade pact signed in Trump's first term. The 16-year deal contains a six-year review provision that allows parties to revisit its terms. Trump administration officials have signaled dissatisfaction with the agreement's current structure, setting the stage for potential renegotiation with Canada and Mexico.