US EditionPublished • loading... • Updated
Trump could decide next year to withdraw from CUSMA trade deal, Politico reports
President Trump may let the Canada–United States–Mexico Agreement expire or renegotiate separate deals citing different economic ties and labor conditions, amid ongoing formal reviews.
- On Wednesday, U.S. President Donald Trump said the United States may let CUSMA expire next year or negotiate a new deal, noting he helped negotiate and praised the pact after signing.
- USTR officials say the agreement's review period allows revision or exit, and U.S. Trade Representative Jamieson Greer said walking away or negotiating separate deals with Canada and Mexico is possible.
- This week, the USTR is holding public hearings that began Wednesday and will conclude on Friday, hearing from business groups from Canada and Mexico while Canada launched its own formal review in September.
- Economic analysis and political rhetoric together raise the stakes for businesses as a recent RBC report said CUSMA exemptions cushioned the Canadian economy and U.S. manufacturers and importers, while Trump argued Canada and Mexico "have taken advantage" of the United States.
- Sectoral trade deals with the United States could persist even if CUSMA is revised, as Jamieson Greer said the administration considers splitting the trilateral pact into two deals with Canada and Mexico.
Insights by Ground AI
Podcasts & Opinions
44 Articles
44 Articles
Canadian Media Catch On, U.S Trade Rep Jamieson Greer Says Trump Likely to Exit the USMCA (CUSMA)
In the world of Trumpian geopolitical trade stuff, three issues are very interesting to watch. (1) The strategic reset with Russia which could break the official western construct of financial control. (2) The proactive and defensive positioning of Mexico (desperate attempt to retain economic attachment), and (3) the certain dissolution of the USMCA what Canadians […]
Coverage Details
Total News Sources44
Leaning Left4Leaning Right3Center8Last UpdatedBias Distribution53% Center
Bias Distribution
- 53% of the sources are Center
53% Center
L 27%
C 53%
R 20%
Factuality
To view factuality data please Upgrade to Premium
