Jamieson Greer, the US Trade Representative, said the United States is unlikely to renew the USMCA trade agreement with Mexico and Canada within 2026 and will push for an interim deal with both countries before the end of this year to maintain continuity in negotiations. The talks have been delayed because key issues remain unresolved, such as rules of origin for the automotive industry, labor provisions, and environmental standards, which require further negotiation and may need to be discussed with Congress in 2027. The statement signals that the USMCA modernization talks will drag on into next year, leaving businesses and investors facing continued uncertainty, especially in Mexico and Canada, which want the negotiations to conclude as soon as possible. The US Trade Representative said he aims to have a preliminary proposal ready for US President Donald Trump, Mexican President Claudia Sheinbaum, and Canadian Prime Minister Mark Carney to consider by year-end, though details of the interim deal have not yet been disclosed.