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On 1 July 2026 the Trump administration formally refused the pact’s 16-year automatic renewal, shifting the U.S.–Mexico–Canada Agreement to annual reviews and starting a fixed 2036 expiration clock unless a revised deal is struck.
On 1 July 2026, U.S. Trade Representative Jamieson Greer formally told Canada and Mexico that Washington will not extend the Canada-U.S.-Mexico Agreement for the full 16-year term, activating yearly renegotiation windows through 2036 while the pact technically stays in force.
On 30 June 2026 the two memory-chip giants simultaneously committed a combined US$528 billion to build new semiconductor facilities centered on Gwangju in South Korea’s southwest.
On 1 July 2026 in Asunción, the South American customs union unanimously agreed to open economic-partnership talks with Japan, signalling its first major post-EU pivot toward Asian markets and capping the transfer of the bloc’s rotating chair to Uruguay.
On 1 July 2026 Washington declined to join Ottawa and Mexico City in extending CUSMA to 2042, automatically shifting the pact to a regime of yearly reviews and pushing any comprehensive deal beyond the November mid-term elections.
On 30 June 2026 Brent crude closed near $72, capping a 21-22 % monthly plunge—the steepest quarterly fall since 2020—as traders unwound the Strait-of-Hormuz risk premium amid mixed signals on a U.S.–Iran meeting in Doha.
On 29 June 2026 Comcast said it will separate its media assets NBCUniversal and Sky into an independent public company within 12 months, reversing its 15-year-old content-distribution conglomerate strategy.
After exchanging drone and missile strikes that briefly slowed tanker traffic, Washington and Tehran on 29 June agreed to an immediate cease-fire and to restart negotiations in Qatar, lifting Brent back above $72.
On 29 June 2026 President Lee Jae Myung confirmed that Samsung and SK Hynix will build four new semiconductor fabs in South Korea’s southwest—an 800 trillion-won bet that shifts the nation’s chip epicenter beyond Seoul and anchors a wider AI-era industrial push.
President Lee Jae-myung publicly guaranteed a daily supply of 1 million tons of industrial water for Honam, defusing infrastructure doubts just days before Samsung and SK hynix are to detail a record ₩1,000 trillion semiconductor investment centered in the region.
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