Former President Donald Trump has described the United States-Mexico-Canada Agreement (USMCA) as 'irrelevant.' The trade pact, which replaced NAFTA, is undergoing a mandatory review this year. While it can be extended for 16 years if all parties agree to renew it by July 1, alternative review processes are in place if renewal is not agreed upon. Any country can withdraw from the agreement with six months' notice, though it remains unclear if Trump would pursue this or if a deal could be struck to prevent its collapse.