Donald Trump has suggested he will not renew the trade deal he forged with Canada and Mexico in 2020, setting the stage for years of protracted talks between Washington and two of its largest trading partners.
The three countries must confirm whether they want to renew the agreement for 16 years by July 1 or fall into a period of annual reviews. US officials have been negotiating changes to the deal with their Mexican counterparts and have held unofficial talks with Canadian ministers.
“I’m not looking to renew it,” the US president said on Wednesday. “I made the deal, and the primary reason I made the deal is that [the North American Free Trade Agreement] was the worst trade deal I’ve ever seen,” he said, referring to the trade deal between the three countries that preceded the USMCA.