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US Signals No USMCA Extension, Auto Tariff Talks Begin

6/30/2026

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Story summary
  • U.S. will notify Mexico and Canada June 30, 2026 that it will not extend the USMCA, starting a review before it ends July 1, 2036.
  • Trade Representative Jamieson Greer set talks with Mexico for the week of July 20, 2026 and seeks a 50% rule in vehicles, raising it to 82%.
  • Mexico and United States discussed a 15% auto tariff with rate for Canada, and leaders will meet on June 30, 2026, leaving businesses in uncertainty.