CUSMA trade deadline looms as Trump refuses extension

Canada faces a critical trade deadline on July 1, 2026, for the 16-year extension of the CUSMA agreement to 2042. While Canada and Mexico have already agreed to the extension, President Trump has declared he is 'not looking to renew' and instead threatens to impose an annual review mechanism. Without an extension, the deal continues until 2036, but the uncertainty is hurting business investment planning. Canadian experts warn that key sectors like agriculture, auto, and energy could stall without long-term certainty, with billions in trade at stake.