Canada and Mexico on Tuesday called for renewing the United States–Mexico–Canada Agreement (USMCA) for another 16 years. Canadian Trade Minister Dominic LeBlanc made the proposal in a letter to U.S. Trade Representative Jamison Greer and Mexican Finance Minister Marcelo Ebrard, emphasizing that the agreement binds the three countries under a unified trade framework. LeBlanc later described a meeting in Washington on the pact’s future as positive and said discussions would continue in the coming days and weeks.

The USMCA is vital for both Canada and Mexico, as the United States is their main trading partner, accounting for roughly 75 and 80 percent of their exports respectively. The countries must inform by July 1 whether they wish to renew the agreement or renegotiate its terms. Although President Donald Trump signed the USMCA during his first term, he has recently questioned its relevance, imposed tariffs on key Canadian sectors, and made controversial remarks about Canada’s economic dependence on the U.S.

U.S. and Mexican officials recently concluded initial talks on possible amendments to the pact. Greer indicated support for retaining parts of the current agreement, while LeBlanc noted that trade among the three nations has grown 32 percent since the USMCA took effect in 2020.