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U.S. declines immediate USMCA renewal request

The decision starts a 10-year clock toward USMCA expiration, leaving businesses uncertain about the deal’s future direction.

Reported · Written up by our desk · Emerging Markets

The Trump administration said Wednesday it would not immediately request to renew the North American trade agreement, USMCA.

The move leaves businesses uncertain about the trade deal’s direction as a 10-year clock begins toward expiration, according to the New York Times.

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