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USTR Greer seeks interim US deals with Mexico and Canada by year end
Greer told lawmakers he aims to keep tougher USMCA changes, including rules of origin and labor and environmental standards, on track for discussion in 2027, signaling a full renewal is unlikely in 2026.
Forexlive reports that U.S. Trade Representative Jamieson Greer said he hopes Washington can secure interim trade arrangements with both Mexico and Canada before the end of the year, even as the USMCA renegotiation timeline appears delayed and piecemeal.
In testimony before the Senate Finance Committee, Greer said he wants an arrangement in place with each country but did not specify what those interim deals would include, while also indicating that harder issues will likely require additional work with Congress next year.
The outlook has been complicated by new US tariffs on Canadian goods, with Greer speaking after a week in which a 50% tariff was imposed on a swath of Canadian products, according to the report. Greer’s Mexico talks are expected to continue, but Canada has been excluded, raising concerns Canada may have limited leverage to negotiate better terms.
The push for interim steps comes as Mexico and Canada seek relief from Section 232 national security tariffs imposed last year, including 25% on autos and 50% on steel and aluminum, the outlet notes. The report also highlights the risk that rules of origin for autos and labor and environmental standards could slip into 2027, prolonging investment uncertainty for regional manufacturers.