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CUSMA Review 2026: What Happens on July 1 — and What It Means for Your Wallet

The trade deal that governs nearly $1.3 trillion in Canada-U.S. commerce is up for review in less than a week. Here's what's at stake for Canadian families — and how to protect your budget whatever happens next. By MoneySavings.ca Staff  |   June 25, 2026 Canada Day is almost here — and this year, July 1 carries a lot more weight than fireworks and barbecues. On that same date, Canada, the United States, and Mexico are required to sit down for the first mandatory review of the Canada–United States–Mexico Agreement , known in Canada as CUSMA (and in the U.S. as the USMCA). The outcome of these talks will help shape the price of your groceries, your next car payment, Canadian jobs, and the overall cost of living for years to come. If you've heard the buzz but aren't sure what it all means for your household budget, you're in the right place. Here's your plain-language breakdown. What Is CUSMA — and Why Should You Care? CUSMA replaced the old NAFTA deal in 2020 an...

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Wall Street Futures Rise on Optimism Ahead of Trump–Xi Trade Talks

 


US stock futures climbed Monday as investors grew more confident that a breakthrough in US-China trade negotiations could be within reach. The optimism comes ahead of President Trump’s highly anticipated meeting with Chinese President Xi Jinping later this week.

  • Dow Jones Industrial Average futures rose about 200 points, or 0.5%.
  • S&P 500 futures gained 0.8%.
  • Nasdaq 100 futures led the rally, climbing 1.3% on strength in technology shares.

The upbeat sentiment follows a record-setting week on Wall Street, with all three major indexes closing at all-time highs. Traders are also bracing for a pivotal few days that include the Federal Reserve’s upcoming interest-rate decision and a wave of Big Tech earnings.

Markets are betting that progress in trade talks, combined with supportive monetary policy, could extend the rally and provide fresh momentum for equities.


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