Title: North America's Energy Trade Structure

The United States imports approximately 60% of its oil from Canada and supplies roughly 70% of Mexico's energy, according to energy industry figures. Unlike North American trade in automobiles and agriculture, energy trade operates through two separate bilateral relationships rather than as a single integrated system. Energy executives, regulators, and policy experts have indicated that the current arrangement functions effectively. As USMCA negotiations proceed, discussions include whether to modify the existing energy trade framework.

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