Discussions on the North American trade agreement could continue beyond the July 1 deadline, said U.S. Trade Representative Jamieson Greer.
According to him, the administration of Donald Trump Washington will attempt to resolve as many disputes as possible before this deadline, but negotiations to rebalance the agreement are expected to continue. Washington is also not ruling out more radical measures, such as a temporary withdrawal from the current framework to put pressure on its partners.
The agreement in question, the United States-Mexico-Canada Agreement (USMCA), was concluded in 2020 to replace NAFTA. While it is still considered useful in some respects, the White House believes it still has imbalances.
Among the points of friction, US authorities denounce in particular a significant increase in automobile imports from Mexico, as well as steel and aluminum flows deemed unfavorable to the industrial interests of the United States.
Jamieson Greer also raised the possibility of different approaches for Mexico and Canada, given the specific nature of their trade relations with Washington. This position reflects the US administration's desire to renegotiate certain aspects of the agreement in depth, against a backdrop of persistent economic tensions in North America.
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