As the United States-Mexico-Canada Agreement (USMCA) undergoes its one-year review, experts are warning that the Trump administration's trade agreements with foreign partners may have significant implications for the pact's future. The review, set to take place in the coming months, will assess the agreement's impact on the North American economy and identify areas for improvement. With the USMCA already facing criticism from some lawmakers and industries, the Trump administration's recent trade deals with countries like China and Japan may create relative advantages that could sway the review's outcome. As a result, USMCA stakeholders are bracing for a potentially contentious discussion about the agreement's terms and potential changes.
The Trump administration's trade agreements with foreign partners have created relative advantages that could shape this year's review of the United States-Mexico-Canada Agreement, experts say.