World
USMCA renewal at risk as unpredictable Trump stirs business uncertainty
As the USMCA enters its first mandatory joint review on July 1, analysts warn that the odds of renewal are fading due to U.S. President Donald Trump’s unpredictable stance, raising concerns about prolonged economic instability for businesses across North America. If not renewed, the trade deal will face annual reviews until 2036, creating persistent uncertainty. Trump has signaled he may not support renewal, while Canada and Mexico push to preserve the pact that shields much of their trade from his tariffs.