News Summary July 2, 2026
Today's Top Story: US Declines to Extend USMCA, Putting $149 Billion in Agri-Food Trade on an Uncertain Path
Kicking things off today, the US declined to extend the USMCA trade agreement amid Wednesday's July 1 deadline, with USTR Jamieson Greer signaling plans for separate bilateral deals with Canada and Mexico instead of the requested 16-year extension. The decision puts $149 billion in agricultural and seafood trade on uncertain ground, with the agreement now shifting into annual reviews and potential expiration at the decade mark unless consensus emerges on replacement frameworks...
To Read Full Story Login Below.