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The Latest Breaking News from USMCA

Trump Called Canada's Leadership 'Nasty'— Mark Carney Says Trade Talks Have Turned Just That as 50% Tariff Deadline Looms

Canadian Prime Minister Mark Carney said U.S. trade negotiations had turned "nasty" after President Donald Trump attacked Canada’s leadership, with Washington’s threatened 50% tariffs on additional Canadian goods set to take effect Aug. 19.

Benzinga

Mexico Thrives Under USMCA While Brazil Absorbs Double U.S. Tariffs

U.S. trade policy drives a wedge between Latin America's top economies in 2026. Explore how Mexico thrives under USMCA protections while Brazil faces a costly Section 301 double-tariff battle linked to tech censorship and domestic politics.

Latin Times

Prospective Legal Challenges to Trump's Section 338 Tariffs Against Canada

A guest post by Georgetown legal scholars Peter E. Harrell and Jennifer Hillman.

Reason

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Weekend Round-Up: Rivian's Q2 Triumph, Trump's AV Push, Boeing's Sudan Connection, Baidu's London Test and Ford's Q2 Results

This week was a whirlwind of news in the tech and auto sectors. From Rivian’s impressive Q2 results to Trump’s push for autonomous vehicle deployment, there was no shortage of headlines. Let’s dive into the top stories.

Benzinga

Texas businesses bracing for a financial hit from U.S.-Mexico-Canada trade limbo

Rising uncertainty has led businesses that depend on the United States-Mexico-Canada Agreement (USMCA) pact to pull back on investment in Texas, experts say.

The Texas Tribune

Trump Admits His New Tariffs Achieve the Same Goal as the Ones the Supreme Court Struck Down— Just 'A Harder Way'

President Donald Trump said that his administration’s newly imposed U.S. tariffs are effectively the same as the tariffs the Supreme Court ruled illegal earlier this year.

Benzinga

U.S. Presses Mexico to Adopt Trump's Steel Tariffs on Chinese Import

Washington currently imposes a 50% Section 232 tariff on basic steel and aluminum from China and most other economies, along with a 25% duty on derivative products

Latin Times

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Gavin Newsom Says Trump's Canada Tariffs Will Raise Costs, Asks How Many 'Tantrums' Do Americans Have To Suffer Through

President Donald Trump‘s new 50% tariffs on Canadian goods drew criticism on Tuesday, with Gov. Gavin Newsom (D-Calif.) warning the move would raise costs for Americans, while economist Justin Wolfers said the tariffs could weaken confidence in future U.S. trade agreements.

Benzinga

Trump's USMCA Overhaul Begins With High-Stakes Mexico Talks as Canada Battles Tariff Blowback

U.S. and Mexican negotiators opened three days of trade talks in Mexico City on Tuesday without Canada, advancing a USMCA rewrite as President Donald Trump widened the rift with Ottawa through sweeping new tariffs.

Benzinga

Trump orders new 50% tariff on many Canadian goods

WASHINGTON - US President Donald Trump signed orders Monday to impose new 50-percent tariffs on many Canadian goods, claiming "discriminatory treatment" by Ottawa against American alcohol, automobile and dairy products.

Bangkok Post

The economic goal that never came: World Cup falls short of boosting Mexico

The recent World Cup brought excitement but did not significantly boost Mexico's economy. Weak investment and trade agreement uncertainty continue to weigh on economic growth. Official tourism targets for the tournament were not met by the country. Some host cities experienced uneven economic benefits from the event. Trade certainty under…

The Economic Times

Trump Called the USMCA His 'Best Deal.' Now, He Wants Out of It.

The decision not to renew the USMCA is less dramatic than it might appear. Even so, Trump is exchanging stability for more uncertainty.

Reason

The Trump Administration Has Decided Not to Extend USMCA Trade Deal. Now A Countdown Begins to Change It

The United States has declined to extend the U.S.-Mexico-Canada Agreement (USMCA) during its mandatory six-year review, launching a 10-year countdown that could ultimately bring an end to the agreement unless the three countries agree to significant revisions.

International Business Times

Trump Administration Rejects Current North American Trade Pact — Mexico, Canada Back Continued Talks

The Trump administration on Wednesday declined to renew the trilateral treaty agreement with Mexico and Canada in its current form during a scheduled six-year review, with the countries now expected to continue negotiations over proposed changes.

Benzinga

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Latin Times

Six Years In, Trump Walks Back His Own USMCA Trade Pact — And Autos Are Ground Zero

The U.S. rejected a clean USMCA renewal on July 1, triggering annual reviews through 2036 as autos, China limits and labor pay dominate talks.

The Economic Times

Trump administration declines to renew North American trade deal, starts 10-year wind-down clock

The United States has declined to extend the USMCA trade deal, initiating a ten-year wind-down period. This move aims to reshore manufacturing and reduce trade deficits. Negotiations with Mexico and Canada are ongoing, focusing on automotive rules of origin. While Mexico seeks resolution, disagreements persist. The deal's future remains uncertain,…

The Guardian - US

Trump refuses to renew US-Canada-Mexico trade pact he once championed

Trump and US officials opted to keep USMCA alive on short leash of annual reviews rather than longer term renewal

International Business Times

A New USMCA Extension Window Passed Without Agreement. Automakers Are Now Preparing For Changes.

The auto sector, which accounts for nearly a fifth of US trade with Canada and Mexico, faces renewed uncertainty over rules governing vehicle parts and manufacturing flows.

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International Business Times UK

'Cloud of Uncertainty': How Trump's Sudden USMCA Renegotiation Threatens the Future of North American Automaking

The USMCA review begins, potentially altering North America's automotive industry. Stricter rules could affect manufacturing, investment, and trade, with significant implications for the region's integrated supply chains.

The Independent UK

US, Canada, Mexico begin bumpy negotiations to renew North American trade pact

The North American trade pact that President Donald Trump negotiated and boasted about in his first term comes up for renewal Wednesday, a process that is likely to last months, maybe longer

Latin Times

Pew Survey: Mexico Warmed to America While the World Cooled. Is Trump's Cartel Crackdown the Reason?

Mexico was the only nation where U.S. favorability rose in Pew's 2026 survey — a rebound credited to Sheinbaum's cool-headed handling of Trump.

The Economic Times

Ahead of G7, Canadian PM Mark Carney softens tone toward Trump with trade talks at stake

Canadian Prime Minister Mark Carney faces a delicate balancing act. He previously challenged global powers but now moderates his tone towards US President Donald Trump. This shift is driven by crucial trade talks for the USMCA agreement. Canada's economic reliance on the US necessitates careful diplomacy. Carney is also seeking…

The Economic Times

Canada and Mexico tell United States they want the North American free trade agreement renewed

Canada and Mexico on Tuesday called for a 16-year renewal of the North American free trade agreement with the United States, in hopes of binding the three countries to a pact that President Donald Trump has openly questioned. In a letter Monday, Ottawa's minister in charge of Canada-US trade Dominic…

The Independent UK

Canada pushes for renewal of free trade agreement with US and Mexico

This significant push coincides with Trump's renewed discussions about Canada potentially becoming the 51st state

The Guardian - US

Canada’s sports minister hopes World Cup can lead to trade agreement with US and Mexico

Adam van Koeverden has expressed confidence that hosting the World Cup could be the key to agreeing a new trilateral trade deal with the US and Mexico

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