US blocks long-term USMCA renewal, forcing annual trade reviews

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The United States has blocked a long-term renewal of the North American trade agreement, preventing an extended extension of the deal. Instead of a standard 16-year renewal, the bloc will now be subject to annual rolling reviews. The move introduces greater uncertainty into trade relations between the US, Canada, and Mexico. The decision reflects the current US administration's preference for shorter-term, revisable trade commitments over locked-in long-duration agreements.

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