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The unthinkable just happened. The United States–Mexico–Canada Agreement (USMCA) is collapsing in real time, and the economic consequences could reshape North America for decades. In this breaking analysis, we examine how former President Donald Trump pushed aggressive new demands during the USMCA review — and how Canadian Prime Minister Mark Carney refused to sign. Instead of negotiation, we’re witnessing a geopolitical rupture between two of the world’s closest economic partners. What does this mean for: The $700 billion U.S.–Canada trade relationship? Auto manufacturing in Michigan, Ohio, and Ontario? Energy markets and oil refineries dependent on Alberta crude? The future of the Western Alliance? We also break down: • The 31% tariff threat • The Gordie Howe International Bridge controversy • China’s role in the escalating tensions • Republican pushback in Congress • How markets reacted to the sudden breakdown Is this strategic leverage — or the beginning of a North American trade war? The next 48 hours could define the economic future of the continent. 👉 Subscribe for deep geopolitical analysis and daily updates on global trade, U.S.–China tensions, and major economic power shifts. 🔎 Tags USMCA collapse, Trump Canada trade war, Mark Carney speech, US Canada tariffs, North America trade crisis, Trump 31 percent tariff, Canada withdraws USMCA, US Canada relations 2026, Western alliance fracture, China Canada trade deal, Michigan auto industry crisis, Alberta oil US refineries, geopolitical analysis, economic war North America, US Canada breaking news, global trade tensions, US politics today, Canada news today, Trump latest update, trade war 2026 🎯 Keywords USMCA review Trump tariffs Canada Mark Carney trade strategy US Canada economic crisis North American supply chain Auto industry shutdown risk Gordie Howe Bridge dispute US China Canada trade Western alliance breaking