Will North America try to revive USMCA—or finally bury it?

It is virtually certain that the trade agreement between the U.S., Canada, and Mexico (USMCA) negotiated in President Donald Trump’s first term will not be renewed by the deadline of June 30. And indeed, just this morning, Trump confirmed that he would not be reauthorizing the agreement before the July 1 deadline.Such slippage might not be catastrophic:the relevant proviso of USMCA states that a failure to renew only triggers a series of annual joint reviews for the next 10 years unless one of t...