North America

Strong economic ties, community and cultural connections, and shared borders have catalyzed the drive for integration and trilateral cooperation that generations of North American leaders have sought to prioritize. CSIS scholars dig into the continent’s primary policy issues, including the USMCA, energy and defense cooperation, and border security and transnational crime.

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Photo: Hector Vivas - FIFA/FIFA via Getty Images

Photo: Hector Vivas - FIFA/FIFA via Getty Images

The United States Has Opted Not to Extend the USMCA

The United States declined to renew the USMCA for another 16 years, triggering a decade of annual reviews. But the deal did not collapse. It now faces a slower, costlier threat: prolonged uncertainty that stalls investment across North America.

Commentary by CSIS Scholars — July 2, 2026

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Matthew P. Funaiole
Vice President, iDeas Lab, Andreas C. Dracopoulos Chair in Innovation and Senior Fellow, China Power Project