Canada needs U.S. to diversify trade and attract global foreign investment: Trade analysts
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Article Excerpt
Canada needs U.S. to diversify trade and attract global foreign investment: Trade analysts
ANALYSIS
11 JUNE 2026
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U.S. President Donald Trump announced Wednesday he will not renew the CUSMA trade pact with Canada and Mexico ahead of a July 1 milestone, declaring, “We don’t need anything that Canada has, we don’t need anything that Mexico has.”
Without renewal, the agreement enters rolling annual reviews. Trump did not rule out exiting the pact entirely, which requires six months’ notice. The announcement raises a question that Canada’s trade strategists have been grap…
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