Canada and Mexico have expressed strong support for extending the United States–Mexico–Canada Agreement (USMCA) for another 16 years, aiming to preserve a critical trilateral trade framework they view as essential to their economies. The agreement holds particular importance for both nations: the United States is their largest trading partner, absorbing roughly 75% of Canadian exports and about 80% of Mexican exports.
Data shows that since the USMCA entered into force in 2020—replacing the North American Free Trade Agreement (NAFTA)—trilateral trade has grown by 32%.
In a letter sent Monday, June 1, 2026, to U.S. Trade Representative Jamison Greer and Mexican Economy Minister Marcelo Ebrard, Canadian Minister for Trade with the U.S. Dominic LeBlanc formally proposed the 16-year extension. The letter preceded his visit to Washington, D.C., where he held discussions on the future of the USMCA. Following the meeting, LeBlanc described the talks as constructive and said consultations would continue in the coming days and weeks.
Ebrard echoed that sentiment, reaffirming Mexico’s support for the 16-year renewal. The three countries have until July 1 to decide whether to proceed with a straightforward extension or pursue renegotiation of the agreement.
The USMCA was signed and championed by Donald Trump during his first presidential term and took effect in 2020. During his second term, however, Trump has imposed tariffs on key Canadian sectors—including the automotive industry—and repeatedly claimed the U.S. does not need Canadian-made goods. He has also continued to raise the idea of Canadian annexation—a notion widely dismissed by Canadian officials and international observers.