Trump privately weighs quitting USMCA trade pact he negotiated, risking US$2 trillion deal
A bombshell leak reveals the President is privately weighing a massive exit.
Deep Dive
President Donald Trump is privately asking aides why he shouldn't withdraw from the USMCA trade pact, a $2 trillion deal he signed in 2020, according to people familiar with the matter. This comes ahead of the pact's July review, with the administration signaling a shift toward separate bilateral talks with Canada and Mexico. Officials described the discussions as Trump seeking a better deal, while calling public speculation baseless.
Why It Matters
This threatens to destabilize North American trade and inject major uncertainty into the economies of the US, Canada, and Mexico.