Archive · 19 Dec 2025
Canada, US to review free trade agreement in January
Canada and the United States are going to have important talks in January to look at their big trade agreement called USMCA.
This agreement is up for a big review in 2026.
Canada sends a lot of its stuff to the US, like oil, electricity, and metals.
The talks are to make sure both countries are happy with the rules, especially about things like dairy, alcohol, and digital services.
Canada also has other countries interested in trading with them, so they want to make sure the US knows that these talks are important but not the only option.
Canada and the US will start formal discussions in mid-January to review the USMCA trade agreement.
The USMCA is set for a full review in 2026, with a clause for possible renegotiation.
Canada's Prime Minister Mark Carney confirmed the talks, involving Dominic LeBlanc, Canada's trade relations point person.
Key issues include US concerns about Canadian policies on dairy, alcohol, and digital services.
Canada exports over 75% of its goods to the US, with significant trade in oil, electricity, and critical minerals.
- Who
- Canada and the United States
- What
- Formal discussions to review the USMCA trade agreement
- When
- Mid-January
- Where
- Canada and the US
- Why
- To potentially renegotiate the deal in 2026 and address trade irritants
- Countries Involved
- Canada, United States
- Trade Agreement
- United States-Mexico-Canada Agreement (USMCA)
- Review Date
- Mid-January
- Next Full Review
- 2026
- Canada's Exports to US
- More than 75%
- US Crude Oil Imports from Canada
- 60%
- US Electricity Imports from Canada
- 85%
- Critical Minerals and Metals
- 34