The United States-Mexico-Canada Agreement will remain in effect until it expires in 2036, unless the countries strike another deal to extend it.

President Donald Trump's "primary" issue with USMCA centers on America's trade deficits with Canada and Mexico, a senior administration official said.

Trade experts tell TIME that the move could carry profound long-term consequences, creating the kind of uncertainty that discourages investment, complicates supply chains and, over time, raises costs for consumers.

MEXICO CITY--Mexico registered a $463 million trade deficit in February, compared with a $1.65 billion surplus in the year-earlier month as import growth outpaced an increase in exports. Exports rose 15.8% from February 2025 to $56.85 billion, and imports ...

Mexico and the European Union signed a renewed free trade agreement Friday, updating a deal that had been in place since 2000 as the parties deepen their ties and aim to reduce their dependence on U.S. and Chinese goods. The European Commission first ...