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US Seeks Separate Trade Protocols with Canada, Mexico

Araverus Team|Friday, April 17, 2026 at 8:42 PM

US Seeks Separate Trade Protocols with Canada, Mexico

Araverus Team

Apr 17, 2026 · 8:42 PM

North America · Tariffs · Trade Policy · USMCA

North AmericaTariffsTrade PolicyUSMCA

Key Takeaway

The US push for distinct trade protocols with Canada and Mexico introduces regulatory uncertainty for North American supply chains. This means potential restructuring costs and altered trade flows for industries heavily reliant on cross-border manufacturing and agriculture, impacting related equities and commodity prices.

The United States is considering separate protocols for Canada and Mexico under the US-Mexico-Canada Agreement (USMCA) review, as US trade representative Jamieson Greer stated, citing differing trade imbalances and labor dynamics with each country.

Speaking at the Hudson Institute, Greer indicated that President Donald Trump is dissatisfied with certain USMCA outcomes and aims for a more balanced trade framework. Greer confirmed the agreement retains valuable elements but requires additional country-specific mechanisms layered over its core structure due to distinct import/export profiles and labor situations.

Negotiations will continue before the USMCA Joint Review Meeting on July 1. Washington has resolved many issues with Mexico over the past year but still faces unresolved issues with Canada.

Since Trump began his second term, trade has been a top priority, marked by repeated tariff threats impacting global markets.

Read More On

Commerce Secretary Lutnick Says Trade Deal With Canada, Mexico Needs to Be ‘Reconsidered’wsj.comWhat’s next for the USMCA review - Politicopolitico.comU.S. Commerce Secretary Howard Lutnick takes a swipe at Canada's trade strategy ahead of renegotiations - Yahoo News Canadaca.news.yahoo.comThe USMCA Review: What to Keep in Mind and What to Watch for on North American Trade - Chicago Council on Global Affairsglobalaffairs.orgTracking the 2026 USMCA Review - Rethink Traderethinktrade.org

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