Economic Insights from Dr. Sherry Cooper
Posted by Adam Chahl on
Can the US unilaterally exit from the Canada, US, Mexico Agreement?
Yes. Under the treaty text, any of the three parties, including the United States, may withdraw from the agreement on its own by providing written notice and waiting six months. The more complicated question is whether the U.S. president can do that under domestic U.S. law without Congress, which is unresolved and would likely be litigated.
What the treaty allows
Article 34.6 of the USMCA (CUSMA) states that a party may withdraw from this Agreement by providing written notice of withdrawal to the other Parties, and that the withdrawal takes effect six months after that notice.
The provision also specifies that if one country withdraws, the agreement remains in force among…
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