LUBBOCK, TX – The U.S.-Mexico-Canada Agreement remains in force, but the United States did not agree to renew the trade deal in its current form after the required July 1 review.
The U.S. Trade Representative says the three countries met virtually to review the agreement’s operation. The agency says the agreement has not been renewed, but it remains active while the countries work through unresolved issues or until it is terminated.
Luis Ribera, Director of the Center for North American Studies at Texas A&M, says the USMCA took effect on July 1, 2020, replacing the North American Free Trade Agreement. The agreement is scheduled to expire in 2036 unless extended, and review does not automatically end the deal.
For agriculture, the stakes are large. In 2019, U.S. agricultural exports to Canada and Mexico totaled $41.3 billion, or 29.3 percent of total U.S. agricultural exports.
Under the USMCA, those exports reached $59.3 billion in 2025, accounting for 34.6 percent. Grains and feeds have been the largest export category since 2021.
The United States is scheduled to meet with Mexico the week of July 20 for another round of bilateral talks.
Farm-Level Takeaway: Producers should watch USMCA talks because Canada and Mexico remain core markets for U.S. grains, livestock products, and other farm goods.