Inside Trade

May 23, 2025

Trump: ‘Transitional’ USMCA may no longer be ‘necessary’ 

By Margaret Spiegelman  / May 6, 2025 at 3:18 PM
The U.S.-Mexico-Canada-Agreement was a “transitional deal,” President Trump said on Tuesday, questioning whether the pact he renegotiated during his first term with the U.S.’ two closest trading partners was still needed. Trump spoke about the future of USMCA, cast into doubt amid a raft of tariffs he has imposed on Canada and Mexico, during remarks to reporters at the White House with newly elected Canadian Prime Minister Mark Carney ahead of the leaders’ first in-person meeting. Asked whether the pact...

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