US won’t renew USMCA trade pact as Greer targets Canada’s China ties

AI Summary

The United States announced it will not renew the USMCA trade agreement, citing concerns over Canada's engagement with Chinese investments. US Trade Representative Jamieson Greer confirmed the pact is not being extended in its current form after virtual discussions among the three governments.

The United States confirmed on Wednesday it would not renew its North American trade pact, its trade chief blaming Canada’s pursuit of Chinese investment. US Trade Representative Jamieson Greer said the three governments met virtually and that Washington would not endorse the United States-Mexico-Canada Agreement (USMCA) in its current form. “The United States did not agree to renew the USMCA in its current form. As a result, the USMCA is not renewed,” Greer said in a statement. The refusal did...