Blow to USMCA: United States reduces its duration and there will be annual reviews

Mexico reported on Wednesday that the United States communicated its decision not to renew the North American free trade agreement, the USMCA, for 16 years; it will now remain in effect for 10 years with annual reviews.

"The United States is not in a position to extend it for 16 years," said Secretary of Economy Marcelo Ebrard in a social media message after meeting with the American and Canadian negotiators.

Trump pone en duda el futuro del T-MEC con México y Canadá: "Estados Unidos no necesita nada"