A mandatory review of the Canada-U.S.-Mexico-Agreement on trade kicks into high gear next year as U.S. President Donald Trump continues his campaign to realign global trade and poach key industries from America’s closest neighbours.
Negotiations on the trade pact, better known as CUSMA, were a stress test for Ottawa during the first Trump administration. The trade talks were tense at times, but ultimately the pact that replaced the North American Free Trade Agreement was hailed a success in all three countries.
Since the president’s return to office, however, confidence in CUSMA’s future has waned. During a meeting with Prime Minister Mark Carney at the White House, Trump called the deal “transitional” and said it may have served its purpose.
