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Trade Talks Loom as CUSMA Review Approaches in 2026

12/19/2025

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Story summary
  • Prime Minister Mark Carney said U.S. President Donald Trump has not indicated plans to withdraw from the Canada-U.S.-Mexico Agreement (CUSMA).
  • Carney discussed potential revisions to CUSMA during a meeting with Trump and Mexican President Claudia Sheinbaum.
  • U.S. Trade Representative Jamieson Greer said that options for renegotiation or exit are on the table.
  • Tariffs on Canadian steel and aluminum remain high.
  • The next significant trade talks are expected during the CUSMA review in 2026.