Canada sidelined in USMCA renegotiations as domestic economy dips
Canada has been excluded from recent USMCA renegotiations as its economy faces challenges. The US aims to increase regional content requirements for vehicles, which could impact Canada's trade position. Meanwhile, Canada is seeking to strengthen ties with China to diversify its economy amid growing tensions with the US.
- ▪The US wants to raise the regional content requirement for vehicles under the USMCA to 82 percent, with 50 percent produced in the US.
- ▪Canada's economy contracted by 0.1 percent in the first quarter, marking the second consecutive quarter of decline.
- ▪US Trade Representative Jamieson Greer will negotiate with Mexico and present Canada with a take-it-or-leave-it proposition.
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Economy|International TradeCanada sidelined in USMCA renegotiations as domestic economy dipsCanada strengthens Chinese trade ties, seeking economic diversification amid growing US-Canada trade tensions.ListenListen (5 mins)SaveClick here to share on social mediashare-nodesSharefacebookxwhatsapp-strokecopylinkgoogleAdd Al Jazeera on GoogleinfoUS and Mexican trade officials met in Mexico City, excluding Canada [Raquel Cunha/Reuters]By AP and ReutersPublished On 29 May 202629 May 2026The administration of United States President Donald Trump wants to increase the percentage of regionally produced content in North American-built vehicles to qualify for preferential treatment under the US-Mexico-Canada Agreement (USMCA) on trade to 82 percent, with 50 percent of that value produced in the…
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