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The US, Canada and Mexico begin bumpy negotiations to renew North American trade pact
By Scripps News Group at KXXV (ABC 25) News
· July 1, 2026
· 7 min read
The North American regional trade pact that President Donald Trump negotiated and boasted about in his first term comes up for renewal Wednesday, and the administration has already said it's not planning to automatically approve a continuation.During initial meetings Wednesday the U.S. objected t...
Key takeaway This starts a 10-year countdown for all parties to come to a new agreement and renew the deal for another term.
Why this matters in The Waco
The renewal negotiations of the USMCA have significant implications for Waco 's economy, particularly its manufacturing sector. As the US pushes for changes in shipping and manufacturing methods to reduce tariff costs, local businesses may need to adapt to new regulations and supply chains. The potential shift of automaking production to the US could also impact Waco's workforce, as companies may consider relocating or expanding their operations in the area. However, the increased costs associated with this shift could also lead to higher prices for consumers, affecting the local cost of living. With Waco's strong presence in the manufacturing industry, the outcome of these negotiations will be closely watched by local business leaders and residents, who will be eager to see how the new agreement will shape the city's economic landscape. The yearly reviews and ongoing negotiations will provide a crucial indicator of the trade pact's future and its impact on Waco's economy.
About this story
Original reporting by KXXV (ABC 25) News . The Waco surfaces reporting from trusted publishers and adds local editorial context so readers can quickly understand what a story means for their community. We attribute every source, link to the original report, and follow a documented editorial standards policy. To understand how stories are selected and reviewed, read our about page .
For the complete original report, visit KXXV (ABC 25) News . Have a tip or correction? Contact our newsroom .
Category: local ·
Published: July 1, 2026 ·
Source: KXXV (ABC 25) News ·
Reading time: 7 min
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Frequently asked about this story
What is this story about? The North American regional trade pact that President Donald Trump negotiated and boasted about in his first term comes up for renewal Wednesday, and the administration has already said it's not planning to automatically approve a continuation.During initial meetings Wednesday the U.S. objected t...
When was this published? This article was first published on July 1, 2026 by KXXV (ABC 25) News and curated for The Waco readers.
Who reported this story? This story was reported by Scripps News Group at KXXV (ABC 25) News. To learn more about how The Waco selects and reviews stories, see our editorial standards .
Where can I find related coverage? See more local coverage from The Waco, or browse our daily briefing and topic hubs .
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