U.S. declines to renew CUSMA

Yesterday, the Trump administration declined to renew the Canada-US-Mexico Agreement (CUSMA). Without an agreement to extend the deal between all three countries, CUSMA is set to expire in 2036, although it can be renewed at any point in the next ten years if all parties reach an agreement. We speak with Stephen Vaughn, a former acting U.S. Trade Representative, about the decision and current U.S. trade policy. Then, we hear from Carlo Dade, the Director of International Policy and the New North America Initiative, at the School of Public Policy at the University of Calgary, about what this means for the Canadian economy.