Canada and US restart trade talks before USMCA renewal deadline
Updated
Updated · POLITICO · May 5
Canada and US restart trade talks before USMCA renewal deadline
9 articles · Updated · POLITICO · May 5
Talks resumed in March ahead of a July 1 decision on extending the pact for 16 years, after Ottawa cut tariff-free import allowances for Stellantis and GM in October.
Officials said the move raised automakers' costs, triggered complaints to the White House and helped derail negotiations, despite public focus on an anti-tariff advertisement by Ontario Premier Doug Ford.
Vehicles built in Canada still face US Section 232 tariffs, while Canada maintains retaliatory duties with refunds tied to jobs and investment, as both sides now say they want a broader deal.
As Canada courts Chinese EV makers, will this trade pivot sabotage its critical negotiations with the U.S.?
With the U.S. and Mexico negotiating alone, is the trilateral USMCA trade pact facing imminent collapse?