The US administration, led by trade negotiator Jamieson Greer, is exploring the possibility of breaking up the Canada-U.S.-Mexico Agreement (CUSMA) into separate bilateral deals with Canada and Mexico. Greer emphasized that the US's economic relationships with the two countries are distinct, citing differences in labor, import-export profiles, and rule of law. The US aims to keep all options open, including revising, renegotiating, or exiting the agreement, which is scheduled for review in 2026. Despite speculation, US Ambassador Pete Hoekstra stated that the US does not want to terminate the agreement, viewing it as beneficial for both countries. The review process could lead to modifications or the formation of separate deals, especially around rules of origin, critical minerals, and external trade policies. The US has also discussed the possibility of striking separate bilateral agreements with Canada and Mexico, reflecting a shift in approach amid high trade tensions and changing global economic conditions.