"The U.S. President has said we will have tariffs. Canada should do everything it can to land in the lowest tariff bucket. The USMCA agreement is generally seen as working well from a business standpoint, but time is running short in the current review window. There has not been a substantive discussion since the end of October, even as the July deadline approaches."
"There's a total disconnect from where the business community is and from where the public is. Recent polling shows many Canadians are either neutral toward extending USMCA or do not support renewal, even as the business community continues to back the agreement. One of the biggest obstacles may be on the Canadian side."
The CUSMA renewal process encounters significant obstacles as the review timeline tightens. U.S. Ambassador Pete Hoekstra indicated strong business support for the agreement persists, but political tensions and divided Canadian public opinion complicate negotiations. The Trump administration has signaled that tariffs will be implemented, with countries needing to position themselves in the lowest tariff bracket. No substantive discussions have occurred since October despite the July deadline approaching. A critical disconnect exists between Canadian business communities supporting renewal and the broader Canadian public showing neutral or negative sentiment toward extending the agreement. The review aims to assess current provisions and identify necessary changes for continued relevance.
Read at Realagriculture
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