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Right now, claims are circulating that the USMCA review has “collapsed” and that Canada abruptly abandoned a $700 billion trade deal. It’s a dramatic narrative, but it is not one currently supported by verifiable public records or formal treaty actions. The USMCA does include a mandatory review mechanism that creates leverage and uncertainty, but viral claims of instant non-renewal or immediate dissolution do not align with how the agreement is structured or scheduled to function. What actually matters is institutional reality, not theatrics. Trade agreements rarely fail overnight; they are stressed through timelines, tariffs, and administrative pressure that can affect prices and supply chains long before any formal termination occurs. Sources: USMCA text — Article 34.7 review and extension mechanism Office of the U.S. Trade Representative — Federal Register notices and review preparations Congressional Research Service — USMCA sunset and review analysis White House fact sheets on tariff authorities and trade enforcement Mainstream reporting on U.S.–Canada trade volumes and border administration #USMCA #TradePolicy #CanadaUS #EconomicAnalysis #BreakingNews #InstitutionalPower #SupplyChains