The U.S. decision to move away from automatically extending CUSMA and instead require annual reviews has introduced a new layer of uncertainty into North American trade relations.
Key developments:
Implications and considerations:
Canadian position:
Bottom line:
CUSMA is not being terminated, but the shift to annual reviews signals a more fluid and potentially more contentious trade environment going forward, with increased emphasis on ongoing negotiation rather than long-term certainty.
Refunds are being processed in phases and are expected to take approximately 60 to 90 days once approved.
Apply here (ACE Portal): https://ace.cbp.gov/
Helping Canadian exporters and their suppliers manage trade uncertainty.
Providing up to $2M in funding for businesses adapting to trade-related challenges.
Offers new loans and credit for agriculture businesses facing export disruptions.