Trump Considers Killing His Own Trade Deal
Donald Trump is ready to quit the USMCA, which he negotiated in his first term.

Donald Trump is considering blowing up the USMCA free trade agreement between the U.S., Canada, and Mexico.
Bloomberg reports that the president is asking staff why he shouldn’t withdraw from the agreement, which he signed during his first term as president, according to unnamed sources.
Interestingly, the U.S. trade representative, Jamieson Greer, told Fox Business on Tuesday that renewing the 2019 agreement was not in the country’s best interests, and that the Trump administration wanted to negotiate separately with Canada and Mexico.
“Generally speaking, these negotiations are going to proceed bilaterally and separately. The Mexicans are being quite pragmatic right now; we’ve had a lot of discussions with them. With the Canadians, it’s more challenging,” Greer said.
Mexican Prime Minister Claudia Sheinbaum dismissed the idea of the U.S. withdrawing from the USMCA when asked about it during a press conference Wednesday.
“We don’t believe it, and it has never been said in the calls, because it is very important to them,” Sheinbaum said.
Trump’s tariff uncertainty in 2025 has already made the USMCA shaky and undermined the deal in Mexico and Canada, and his antagonization of Canada by calling it the “fifty-first state” hasn’t helped either. Canadian Prime Minister Mark Carney has embarked on an economic policy independent of the U.S., beginning talks with China, but he said Tuesday that he had a “positive” conversation with Trump that touched on the USMCA. He didn’t offer any details, though.
Under the terms of the agreement, there has to be a mandatory review before it can be extended on July 1. Trump wants more concessions from Canada and Mexico for that to happen. If the U.S. decides to pull out of the deal, it would have to give six months’ notice. The decision would also put $2 trillion in goods and services in jeopardy.
American businesses wouldn’t take the news well, as much of the U.S. depends on trade with Canada and Mexico. But Trump has paid little attention to what actually hurts the economy, causing havoc in the markets with his whimsical tariffs and tanking job growth. It seems that he doesn’t care that messing up a deal he made seven years ago could have even worse consequences.








