U.S. President Donald Trump is signalling he may walk away from the Canada‑United States‑Mexico Agreement (CUSMA) when it comes up for renewal.
“I’m not looking to renew it. I made the deal, and the primary reason I made the deal is that NAFTA was the worst trade deal I have ever seen, and I made it better, but I had the right to terminate,” Trump said on Wednesday. “NAFTA was a disaster for our country. The worst trade deal ever made.”
CUSMA — known as USMCA in the United States and T‑MEC in Mexico — is the 2020 trade pact that replaced NAFTA, updating rules on autos, agriculture, digital trade, labour standards, and dispute resolution.
Trump on CUSMA: I’m not looking to renew it … We don’t need anything that Canada has. We don’t need anything that Mexico has, but they need everything that we have.pic.twitter.com/62R4H8VeZ0
— Scott Robertson (@sarobertson_) June 10, 2026
Key features include tariff‑free trade on most goods across North America, rules of origin for autos requiring more North American content, labour protections, including wage requirements for auto workers, digital trade rules that didn’t exist under NAFTA and a six‑year review clause, meaning leaders must decide whether to renew or renegotiate the deal in 2026.
“The United States does much better. We don’t need anything that Canada has, we don’t need anything that Mexico has, but they need everything that we have,” Trump added.
“They have to treat us better. With Mexico and Canada, we have trade deficits. We should have surpluses with them. We don’t need their cars, we don’t need their lumber, we don’t need their energy; we don’t need anything.”
Canada and Mexico have repeatedly emphasized the agreement’s importance to economic stability and supply chains, particularly in autos, agriculture, and energy.
Canada is the United States’ largest trading partner, and the two countries exchange more than $3 billion in goods and services daily.
“We’re talking to them. We’ll see if we do something.”
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