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Trump privately weighs quitting USMCA trade pact he negotiated, Bloomberg News reports
Trump seeks more concessions on migration and drug smuggling tied to USMCA and threatens tariffs; failure to extend by July 1 could trigger annual reviews until 2030, reports say.
- Bloomberg reported President Donald Trump is privately weighing withdrawing the USMCA, asking aides why he shouldn’t quit the agreement he negotiated.
- Pressure for concessions prompted the private discussions as Trump wants more concessions from Canada and Mexico on migration and drug smuggling, his administration says.
- White House aides discussed procedural options including giving six months' notice and pressing for annual reviews if no extension, while weighing tariff threats up to 100%.
- Immediate consequences include large economic risk and procedural review triggers, as the decision would put $2,000,000,000,000 in goods and services at risk and American businesses wouldn’t take the news well, with a mandatory review on July 1 that could lead to annual reviews through 2030.
- U.S. Trade Representative Jamieson Greer told Fox Business that renewing the 2019 agreement was not in the country's best interests, while Sheinbaum dismissed withdrawal claims amid strained ties with Canada and Mexico.
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Fed-up Trump wants to kill major deal he negotiated: report
President Donald Trump is apparently fed up with the trade deal he negotiated between the U.S., Canada, and Mexico during his first term, a new report revealed. Trump has privately expressed his desire to withdraw from the U.S.-Mexico-Canada, or USMCA, deal, although two aides who spoke anonymously to Bloomberg said the president has not yet made a final determination. Trump's frustrations with the deal are happening at a time when his administr…
·United States
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The IndependentReposted by 
The Independent (US)
The Independent (US)Trump is asking if the US should pull out of North American trade deal he negotiated
The 2018 deal one was one of Trump’s main economic legacies from his first term
·London, United Kingdom
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Coverage Details
Total News Sources32
Leaning Left8Leaning Right4Center4Last UpdatedBias Distribution50% Left
Bias Distribution
- 50% of the sources lean Left
50% Left
L 50%
C 25%
R 25%
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