US opts against extending trade pact with Canada and Mexico
On Wednesday, the US government chose not to trigger the automatic 16-year renewal of the US-Mexico-Canada Agreement. Instead, the deal will remain active for 10 years, subject to yearly evaluations until it concludes. Reports indicate that the US wants to see significant modifications to the agreement—which facilitates roughly $2 trillion in yearly trade—before it agrees to a more permanent extension.
by shortkt.com✓