Trump Threatens CUSMA Exit: Why Vancouver Buyers Are Watching the July 1 Trade Deadline

U.S. President Donald Trump declared on June 10 that he is "not looking to renew" the Canada-U.S.-Mexico Agreement (CUSMA) when the trade pact faces its mandatory six-year review on July 1, 2026. Speaking from the Oval Office, Trump highlighted the agreement's termination clause as a key feature, stating the deal "gave the right to terminate" and that this flexibility was "very important." While CUSMA does not expire until 2036, any of the three member countries can withdraw with six months' notice. The agreement currently governs approximately $1.3 trillion in cross-border trade and shields roughly 90 percent of Canadian exports from American tariffs, making it the economic backbone of Canada's international commerce.