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File: 1778300104557609.jpg (127 KB, 978x1215)
127 KB JPG
https://www.cnbc.com/2026/0701/trump-usmca-canada-mexico-trade-treaty.html

The Trump administration has decided not to renew its trilateral trade pact with Canada and Mexico, instead opting to conduct annual reviews of the treaty that President Donald Trump once called “the best agreement we’ve ever made.”

The widely anticipated decision on the United States-Mexico-Canada Agreement, known as USMCA, was revealed Wednesday, the deadline for the three North American trade partners to determine whether they would renew their agreement for another 16-year term.

The decision means the USMCA will stay in effect for another decade, provided no member tries to withdraw from it. But it also triggers yearly reviews that could result in the renegotiation of major parts of the treaty.

Trump “chose not to rubber stamp a USMCA renewal without addressing existing issues,” a senior administration official told reporters in a call announcing the move.

“In other words, the United States did not agree to renew the USMCA in its current form,” the official said. “So, as a result, the USMCA is not renewed.”

Trump’s “primary” concern with USMCA centers on the U.S.′ trade deficits with the two trading partners, according to the official.
>>
The official added that Trump “has already changed the nature of the U.S.-Canada-Mexico trading relationship” prior to Wednesday’s deadline through his tariffs.

U.S. Trade Representative Jamieson Greer, in a statement released while the call was ongoing, said the Trump administration “will continue to engage with Mexico and Canada to address the Agreement’s shortcomings.”

The USMCA was negotiated during Trump’s first term to replace the previous, 26-year-old trilateral trade pact known as NAFTA, which Trump frequently excoriated as a raw deal for the U.S.

When the new deal came into effect in July 2020, Trump touted it as “the fairest, most balanced, and beneficial trade agreement we have ever signed into law.”

But Trump’s enthusiasm for USMCA has recently waned, coinciding with mounting strain on the U.S. relationships with its two neighbors.

“I don’t know that I’m going to renew it,” Trump said of USMCA in June. “We don’t need anything that Canada has. We don’t need anything that Mexico has, but they need everything that we have. And they have to treat us better.”

Trump has long complained about the U.S. sustaining trade deficits with its economic partners. Seeking to address that perceived unfairness and force other policy changes, Trump in his second term imposed a series of tariffs on nearly every country, including Mexico and Canada.

Trump’s tariff regime has since been stymied by court losses.

The U.S. and Mexico had already begun a series of bilateral negotiations that are scheduled to continue past the July 1 deadline date. The U.S. and Canada have not started their own talks, however.
>>
They can wait it out. The rest of the world has laready discovered that Trump will fold if you stand up to him, and you can safely ignore him until he is gone. You cannot and should not negotiate or rely on the word of a senile madman.

Any country that cannot do that for its future is not a sovereign nation at all
>>
>>1522706
Another brilliant move by this outstanding businessman. I always said that only a gigantic buffoon, perhaps the biggest retard on the planet would propose what was likely the worst deal in the history of Man. What kind of fat grotesque fool would dismantle NAFTA and then agree to such a trade deal? Trump is a visionary tor giving us the opportunity to finally break free from such an agreement so unbelievably bad that the US president who dared allow this to happen should be mocked for all eternity.
Keep fighting the good fight my glorious president! You can continue to count me as part of your flock!
MAGA
>>
>>1522706
That image is an unfair comparison. No way is Baron Harkonnan as evil, self serving and destructive as Trump.
>>
>>1522749
>What kind of fat grotesque fool would dismantle NAFTA
NAFTA good because I was taught at school that it is good.

t. Midwit
>>
>>1522801
You know NAFTA was ended when Trump signed the USMCA into law in 2020, right?
>>
>>1522806
Maybe I shall bump the thread…
>>
>>1522806
>You know NAFTA was ended when Trump signed the USMCA into law in 2020, right?
Yes, and?
>>
>Everything Trump touches turns into a pile of shit
>>
>>1522706
So is BRICS getting two more letters?
>>
Hmm ... Trump dumps a deal he created. Must be a day ending in "Y"
>>
>>1522806
>NAFTA
:(
>NAFTA but Trump
:)
>>
>>1522831
>NAFTA but Trump but Trump forgot it was NAFTA but Trump
:(
>>
>>1522706
chyyNese, Canadese, dirty knees, look at these....economies ( ಠ ͜ʖ ಠ ) ͡° ͜ʖ ͡°)
>>
>>1522867
Canada is Asian now, east & South Asian.
yesterday I was at the Finch subway in Toronto & I saw a middle-aged Chinese man searching the trash for cans to recycle.
when I see a middle-aged Indian man doing this, the change will be complete.
>>
>esl shill, tired of pretending to be british or american, decides to pretend to be canadian this weekend
>>
>>1522924
You (supposedly) voted for it.
>>
Free trade is dead. Big business killed wages by outsourcing every well paying job.



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