June 10, 202612:07 PM EDT:
WASHINGTON, June 10 (Reuters) - U.S. President Donald Trump said on Wednesday that he might not renew the USMCA free trade deal with Canada and Mexico. Speaking at the White House, the president said he was discussing the matter with Mexican and Canadian leaders.
Reporting by Bo Erickson and Gram Slattery; Editing by Doina Chiacu
archive.org archive link: https://web.archive.org/save/https%3A%2F%2Fwww.reuters.com%2Fworld%2Ftrump-says-he-might-not-renew-usmca-2026-06-10%2F
You must log in or # to comment.
Today’s edition of: Trump Said Something Dumb Again For Attention
More like market manipulation for personal gain.
Almost certainly the dumbest president the USA has ever had.
“The three countries need to approve a renewal of their existing agreement by July 1 or signal their intention to exit the pact, a process that would take 10 years and would buy time for alterations.”
I feel like nobody is understanding this part
Why assume that they will abide by that?
If the rules of the agreement don’t matter anyway, then why is Trump bothering to talk about not renewing it?
then why is Trump bothering to talk about not renewing it?
Because he has a pathological need to see his name in the headlines on a daily basis.
Maybe, but I think it’s more that his only negotiation tactic is to threaten to do something drastic, like cancelling “the deal” (or military attack), then wait for weakness/capitulation to push for more concessions. Over and over again.
I agree that seems to be his signature move.
And it hasn’t occurred to him that anyone (or everyone) might figure it out…
Why bother reporting what Trump says? It’s not usable information unless it’s said to manipulate markets.
But it was said to manipulate markets…
That would be cataclysmic for the economy of all three nations. Truly an unforced error. I really think it’s just bluster though.
So what you’re saying is we should all be preparing for the worst because doing the absolute worst most self-destructive thing possible is exactly what Trump does in almost every circumstance and always has.
Yes regardless of bluster or not we should be divesting from US trade and diversifying with other partners.
It’s not bluster, the moron wants to end free trade with everyone in favour of his tariff regime.
CUSMA is going away and while business won’t end between the US and Canada, it will plummet. Look to CETA/CPTPP/MERCOSUR, and our other FTA’s for growth. Alter your supply chains away from the US, reduce the pressure point leverage they have. Don’t view this as doom and gloom, but as a time to pivot and woo the opportunities the US chases away. We have what the world needs.
He’s following the same stupid playbook his whole life: pretend you dont want the deal, shit on everything.
Meanwhile… it’s 2026 and Canada and Mexico just need to kick the ball forward for 24 months. You think someone who won a FIFA medal would appreciate that.
That’s OK. China will happily sign an economically beneficial agreement with them and the US will get fucked again by trump’s stupidity.
The free trade deals with low income countries should be renegotiated. Obviously prez is the last one to improve them. But the part about investors being able to sue a country for lost profits if government cancels their business plans needs to be removed as well.
This is a union issue, and a human rights issue. The president co opted it, and now every dumbass liberal defends the unfair trade system because the dumbass president is crittizing it. And that’s why liberal fucking lose.
Allowing foreign countries to let our corporations outsource labor and pay them starvation wages and pollute to sell those goods back here has destroyed this country, and handed the previous gains of working people back to the bosses.
There should be no tariffs on goods from countries with adequate labor, environmental, and human rights standards, candad and europe there should be none. SE asia, and mexico even, pay your workers and don’t dump pollution or face penalties, is what we should want. To lift up foreign workers, not exploit them.
And Canada cheered, hopefully our politicians are able to find a way out of it before that though.
MCA it is then.
Should be MCCA Mexico Cuba Canada Agreement if I had my way anyway
Nah. Let’s get Yemen on-board. The theme song is already there.
Yemen, there’s no need to feel down, I said
Yemen, get that drone off the ground, I said
Yemen, a new trade deal’s in town
There’s your problem, the subject and verb in that sentence never align
