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US Blocks Long Trade Deal

Thursday, 7/2/2026·80 words·1 min read

The US, Mexico, and Canada have a very big tradetrade/treɪd/L1贸易;交易buying and selling things between countries or people dealdeal/diːl/L1协议,交易an agreement between two or more people or groups. It is called the USMCA. The US said no to a long renewalrenewal/rɪˈnjuːəl/L1续期,延长the act of making something continue for a longer time. So the deal will end in 10 years.

The US wants changes about car parts and dairy. It also wants more car parts made in North America. Many business groups are very worriedworried/ˈwʌrid/L1担心的feeling unhappy because you think something bad might happen. They like the deal because it helps tradetrade/treɪd/L1贸易;交易buying and selling things between countries or people. But some steel groups are very happyhappy/ˈhæpi/L1高兴的feeling good and pleased. They think annual talks can always fix problems.

US Blocks Long Trade Deal

Image source: nytimes.com