CUSMA

About This Trend

CUSMA (Canada-United States-Mexico Agreement) is a trade agreement between Canada, the United States, and Mexico that replaced the North American Free Trade Agreement (NAFTA).

The agreement is trending due to the recent discussion of tariffs on vehicles imported into the U.S. under CUSMA, with Pierre Poilievre, the Conservative leader, suggesting a fast renegotiation of CUSMA to address the trade tensions and Donald Trump's tariffs, which could substantially raise the sticker price of cars and impact the North American automotive integration.