NAFTA
Coverage of NAFTA in the Nexus archive.
- Trump administration won’t renew USMCA, raising risks of higher prices and lost jobs for Texas
The Trump administration has decided not to renew the US-Mexico-Canada Agreement (USMCA) unless Mexico and Canada agree to significant concessions. This decision could lead to higher prices and job losses in Texas. Trump previously praised USMCA as an improvement over its predecessor, NAFTA.
- US, Canada, Mexico begin bumpy negotiations to renew North American trade pact
The US, Canada, and Mexico are beginning complex negotiations to renew the USMCA trade pact, which replaced NAFTA in 2020. The process faces challenges as the US seeks changes that could disrupt supply chains and raise car prices, while President Donald Trump threatens to withdraw from the agreement. The pact, requiring renewal every six years, is unlikely to be extended unchanged beyond the July 1 deadline.
- Trump signals he may pull out of trade agreement with Mexico and Canada, which could impact Texas businesses
President Trump may withdraw from the USMCA trade agreement with Mexico and Canada, potentially affecting Texas businesses. Negotiations to extend the agreement, which replaced NAFTA, are expected to go past a July 1 deadline.
- Trump says he "would rather not have" his North American trade deal
President Trump stated he would 'rather not have' the USMCA trade deal, which is up for review next month, increasing the risk of its collapse. The deal, replacing NAFTA, is critical for North American supply chains, but Trump suggested he might refuse to sign it during a joint review deadline in July.
- USMCA 2026: The Complete Guide to the Trade-Pact Review
The USMCA is a free-trade pact between the United States, Mexico, and Canada, replacing NAFTA on July 1, 2020. A joint review in 2026 will determine its extension for another 16 years.