Canada formally requests 16-year renewal of North American free trade pact
Canada has formally requested a 16-year renewal of the North American free trade agreement known as the USMCA. Trade Minister Dominic LeBlanc emphasized the pact's benefits for all three countries involved. The request comes as negotiations with the US and Mexico continue, with various trade issues still to be resolved.
- ▪Canada's trade minister has requested a renewal of the USMCA for another 16 years.
- ▪The US has cited trade irritants, including tariffs on Canadian goods and access to Canadian markets.
- ▪Mexico has also expressed its intention to extend the trade pact for 16 years.
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Canada formally requests 16-year renewal of North American free trade pactJust nowShareSaveAdd as preferred on GoogleNadine YousifSenior Canada reporterGetty ImagesDominic LeBlanc, the minister for Canada-US trade, is in Washington on Tuesday for trade talksCanada has formally requested a renewal of the North American free trade agreement with the US and Mexico, called the USMCA, as the July deadline to renegotiate the pact looms.In Tuesday's notice, Canada-US trade minister Dominic LeBlanc requested the deal be renewed for another 16 years, calling the agreement "highly beneficial" to all three countries.It comes as LeBlanc is in Washington to meet US trade representative Jamieson Greer.Greer concluded the latest round of formal bilateral talks with Mexico this week, but the…
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