Analysis
July 2, 2026
Survey says: USMCA chaos edition
Written by Michael Cowden
President Trump has decided not to renew the United States-Mexico-Canada Agreement (USMCA). Officially, what follows now is a period of annual reviews every year until a new agreement is reached or until USMCA expires approximately 10 years from now, on July 1, 2036.
Trump didn’t press the nuclear button. (Or at least hasn’t yet.) That would have been giving notice of the US’s intention to leave the trade pact within six months.

