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USMCA Review Begins as US Presses to Counter China; Chinese Battery Firm Loses $23 Million Ohio Incentives

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USMCA Review Begins as US Presses to Counter China; Chinese Battery Firm Loses $23 Million Ohio Incentives
Jul-01-2026
July 1 is the deadline for the renewal of the $2 trillion U.S.–Mexico–Canada Agreement (USMCA). But the United States has chosen not to renew it, triggering annual reviews between the three countries. What’s at the heart of the issue? America’s AI race with China is heating up. Why is the United States lifting export restrictio...
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