President Trump questions USMCA renewal before July review (opens in new tab)

President Trump said Wednesday at the White House that he was "not looking to renew" the United States-Mexico-Canada Agreement, the continental trade pact known as CUSMA in Canada, ahead of a July 1 review deadline. He said the United States runs trade deficits with Canada and Mexico and argued the U.S. should have surpluses, adding that it did not need Canadian or Mexican cars, lumber or energy. If the three governments do not approve an extension by July 1, the pact would not automatically ...