Negotiations to renew the North American trade pact, known as the USMCA, have become increasingly tumultuous as the deadline approaches. The U.S. administration has decided against extending the existing agreement, prompting instead a shift to annual review discussions. As the July 1 deadline passes, the fate of the $2 trillion trade deal remains uncertain. Key players, including farmers and the auto industry, express concern over the implications of potential changes. With the U.S. aiming for stricter auto content rules and other adjustments, tensions between the countries are palpable, while analysts warn that businesses could face increasing uncertainty if negotiations fail. The future of the USMCA hangs in the balance as Canada and Mexico push to salvage the deal amidst American demands.