U.S. President Donald Trump is once again dangling the threat of withdrawing from his country’s free trade deal with Canada and Mexico, even though his trade officials are in talks on renewing it.
Speaking in the Oval Office on Wednesday, Trump said he is “not looking to renew” the Canada-U.S.-Mexico Agreement (CUSMA) when it comes up for a review on July 1, six years after it took effect.
While the agreement doesn’t actually expire until 2036, any country can withdraw from it by giving six months’ notice.
Resource: CBC News
About Farrow:
A wholly owned subsidiary of Kuehne+Nagel Group, and headquartered in Windsor, Ontario Canada, Farrow brings to the global trade industry over 115 years of expertise in cross-border customs brokerage, trade consulting, and integrated logistics services. Further to its beginnings in customs brokerage, Farrow offers trade consulting — expert advice on import/export and trade management, duty recovery and regulations compliance. With a strong network of locations across North America, Farrow manages over 500 employees with 15 offices and warehouses, including those of acquired company Link+ Corporation.