Negotiations for the renewal of the Canada-U.S.-Mexico Agreement (CUSMA) are intensifying as the first joint review approaches on July 1. Canada’s Trade Minister, Dominic LeBlanc, is preparing to travel to Washington, D.C., for discussions, having held only one day of in-person talks in the last seven months with U.S. Trade Representative Jamieson Greer. The slow progress has raised concerns about the future of CUSMA, which facilitates approximately $1.3 trillion in annual trade between Canada and the U.S. The U.S. administration has criticized Canada for its tariff retaliation and is seeking concessions before substantive negotiations can begin. These include demands to end provincial boycotts of U.S. alcohol and to amend the federal Online Streaming Act. Canada is pushing for tariff relief, proposing initiatives that could benefit U.S. industries significantly. Experts caution that if Mexico secures a deal with the U.S. before Canada, it could undermine Canada’s position in the negotiations. The outcome of these talks is crucial as any withdrawal from CUSMA by the U.S. could eliminate tariff exemptions for Canadian exports.