President Donald Trump said Tuesday that he is open to renegotiating the North American trade pact he signed during his first term but also left open the possibility of abandoning the trilateral framework altogether.
“We could renegotiate it, and that would be good, or we can just do different deals,” Trump said of the U.S.-Mexico-Canada Agreement, which he touted as “the largest, most significant, modern, and balanced trade agreement in history,” when he signed it in 2020.
Speaking in the Oval Office at the top of a meeting with Canadian Prime Minister Mark Carney, the president said he didn’t have a preference between extending the trilateral trade agreement, which is up for a mandatory six-year review next year, or negotiating with Mexican and Canadian leaders one-on-one. “I don’t care,” Trump said. “I want to make whatever the best deal is for this country and also very much with Canada in mind.”
The White House and Carney’s office both said the USMCA would be a major focal point of the two leaders’ meetings Tuesday.
