US declines to extend North American trade deal, starting clock to end it while seeking changes

The Trump administration declined on Wednesday ⁠to ⁠extend the U.S. trade agreement with Mexico ⁠and Canada, starting a decade-long clock to wind down the North American trade deal as it seeks changes to try to reshore manufacturing jobs.

The decision, revealed after a six-year review of the U.S.-Mexico-Canada Agreement, keeps the agreement ‌in place for another 10 years with ‌annual reviews before it expires, unless the three countries agree to renew it with changes.

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