The Free Trade Commission convened on 1 July 2026 to begin the USMCA’s six-year review, with Mexico facing a 9.8% average tariff rate and the three nations deciding whether to extend or let the pact expire in 2036.
Tag: Trump
OpenAI restricts GPT-5.6 rollout after Trump administration request
OpenAI launched its GPT-5.6 model family on June 26 in a restricted preview, gated to approved partners at the Trump administration’s direct request.
US and India near a trade deal with a July 24 tariff deadline forcing pace
USTR Jamieson Greer completed a June 22-24 New Delhi visit with both sides saying a trade deal is imminent before the July 24 tariff deadline on Indian goods.
De la Espriella wins Colombia’s presidential runoff in narrowest race on record
Abelardo de la Espriella’s narrow runoff win on June 21 ends four years of Gustavo Petro’s leftist government and reshapes US-Colombia ties.
Trump declares Iran deal complete as Hormuz shipping prepares to resume
President Trump announced on June 14 that the US-Iran ceasefire deal is now complete, with the Strait of Hormuz set to reopen and a formal signing ceremony scheduled for June 19 in Switzerland.
G7 leaders gather in Évian as Iran deal reshapes the summit’s agenda
The 52nd G7 summit opened in Évian-les-Bains, France, on Monday with world leaders gathering just hours after the US-Iran ceasefire deal was declared complete.
Trump cancels Iran strikes and signals a deal could be signed this weekend
President Trump on June 11 called off planned strikes on Iran and said a memorandum of understanding to end hostilities could be signed as early as this weekend, potentially reopening the Strait of Hormuz.
Trump delays Iran strike after Gulf leaders intervene, citing imminent deal
Trump called off a scheduled Iran strike on May 18 after three Gulf leaders asked him to hold off, saying the parties are very close to a deal.
Trump’s troop pullout threatens the town that lives beside America’s army
The planned withdrawal of 5,000 U.S. soldiers from Vilseck, Bavaria would remove roughly double the town’s own population and strip it of more than $800 million in annual revenue.
Trump leaves Beijing with Boeing deal, vague Iran pledge, and Xi state visit
Two days of talks in Beijing ended Friday with China’s pledge to pressure Iran, a 200-jet Boeing order, and an autumn invitation for Xi to visit Washington.