In trade report, Trump admin calls for USMCA changes, ending de minimis

The White House on Friday published the executive summary of the comprehensive trade report called for by President Trump in a day-one memo, recommending the administration end the de minimis exemption for low-cost shipments and calling for changes to the U.S.-Mexico-Canada Agreement and other free trade agreements, including stricter rules of origin and additional market access for agricultural producers. The executive summary of the “ Report to the President on the America First Trade Policy ” provides an overview of...