Trade rep says U.S. won’t renew USMCA in current form
Published 4:33 pm Wednesday, July 1, 2026
The United States won’t renew the U.S.-Mexico-Canada Agreement (USMCA) in its current form, but the agreement remains in force amid continued negotiations, the U.S. Trade Representative says.
In accordance with the agreement, the three countries met virtually July 1 as part of a joint review, according to the trade representative’s office.
“The United States did not agree to renew the USMCA in its current form,” U.S. Trade Representative Jamieson Greer said in a statement. “As a result, the USMCA is not renewed.”
The U.S. will continue to engage with Mexico and Canada to “address the Agreement’s shortcomings and our trade deficits with these countries,” Greer said. “However, the Agreement remains in force pending resolution of these issues or until the Agreement’s termination.”
The current USMCA expires in 2036, according to The Associated Press.
The U.S. will meet with Mexico the week of July 20 for a third round of bilateral negotiations related to the USMCA joint review, according to Greer’s statement.
Jamie Beyer, American Soybean Association executive committee member and a Minnesota soybean farmer, in June told U.S. House Agriculture Committee members that failure to renew USMCA would be “catastrophic.”
“USMCA has provided stability and predictability for U.S. soybean farmers and strengthened our trading relationship with two of our most important export markets,” Beyer stated at the time. “At a time when farmers are facing significant economic pressure and global trade uncertainty, maintaining strong, rules-based trade relationships with Canada and Mexico is more important than ever.”