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Economy

Trump refuses to renew US-Canada-Mexico trade pact he once championed

· The Guardian

Trump and US officials opted to keep USMCA alive on short leash of annual reviews rather than longer term renewal

Donald Trump has refused to renew the North American trade pact he once championed as his signature deal, opting instead to keep it alive on a short leash of annual reviews rather than committing to another 16 years.

Wednesday was the deadline built into the United States-Mexico-Canada Agreement (USMCA) for the three countries to jointly decide its fate, which is set to expire in 2036.

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