Trump threatens to let USMCA lapse as July 1 review nears
Why it matters: The pact underpins about $1.6 trillion in annual North American trade and any exit process would take 10 years.
The New York Times, The Straits Times +1
Why it matters: The pact underpins about $1.6 trillion in annual North American trade and any exit process would take 10 years.
What's next: Washington can renew the pact, push annual reviews, or begin a renegotiation as tariff disputes cloud the talks.