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U.S. Keeps Options Open on USMCA as January 2 Report to Congress Looms

Canada expresses cautious confidence that Washington is not preparing to exit the pact.

Overview

  • U.S. Trade Representative Jamieson Greer told a Senate panel the administration is considering a range of outcomes for the North American trade deal, including discussing issues separately with Canada and Mexico.
  • The administration must submit a report to Congress by January 2 that signals its intentions ahead of the 2026 review, with formal indications from all three countries due by July 1.
  • Greer identified tightening the agreement’s rules of origin as a key U.S. objective in the upcoming process.
  • Canadian minister Dominic LeBlanc said recent conversations suggest the United States intends to pursue a traditional review rather than terminate the pact.
  • Canada is intensifying coordination with Mexico, with LeBlanc set to lead a large bilateral trade mission to Mexico in February.