Trump says he does not care about USMCA as US, Canada plan trade talks
SPY•Trump downplays USMCA renewal
U.S. President Donald Trump said on Tuesday that he does not care about updating the North American trade agreement as Canada disclosed plans to send senior trade officials to Washington for more talks this week amid new tariffs and heightened trade tensions.
Trump, who on July 1 opted against extending the U.S.-Mexico-Canada Agreement, told Fox News Channel's "Fox and Friends" program that the six-year-old trade pact was more important to the U.S.' North American neighbors.
Asked if he would update the U.S.-Mexico-Canada agreement, Trump said in a phone call to the program: "I don't care. I mean, I don't really want to. I'd rather be independent. Here's the thing: Mexico and Canada need us. We don't need them. The deal is important for them. It's not important for us."
Trump's decision not to renew USMCA during a review meeting set in motion a decade-long wind-down of the trade pact unless the three countries can agree on revisions before then.




