President Donald Trump said Wednesday that he may not renew the United States-Mexico-Canada Agreement (USMCA), citing U.S. trade deficits with Canada and Mexico.
Trump said he negotiated the agreement to replace the North American Free Trade Agreement (NAFTA), which he viewed as a flawed trade deal but suggested the United States no longer needs the pact. He added that he remains in discussions with Canadian and Mexican leaders about its future.
“Well, I’m not looking to renew it,” Trump told reporters.
“I made the deal and the primary reason I made the deal is that NAFTA was the worst trade deal I’ve ever seen,” Trump said. “And I made it…
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