Deep Tide TechFlow News, February 11 — According to Jinshi Data, sources familiar with the matter revealed that U.S. President Trump is privately considering whether to withdraw from the USMCA agreement, injecting new uncertainty into the ongoing critical renegotiations among the United States, Canada, and Mexico. These sources said that Trump had asked his aides why he shouldn’t withdraw from the agreement he signed during his first term, but he has not yet explicitly indicated he will take this action. A White House official responded to the related discussions by stating that Trump is the ultimate decision-maker and has always been seeking more favorable agreements for the American people. The official said that before the president makes an official announcement, discussions about potential actions are baseless speculation. The agreement is scheduled for a mandatory review on July 1, at which point a decision may be made whether to extend the deal. What was once expected to be a routine process has now evolved into a contentious negotiation. Trump has demanded more trade concessions from Ottawa and Mexico City and has pressured them to address unrelated issues such as immigration, drug trafficking, and national defense.
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Market News: Trump privately weighing whether to withdraw from the US-Mexico-Canada trade agreement he personally negotiated
Deep Tide TechFlow News, February 11 — According to Jinshi Data, sources familiar with the matter revealed that U.S. President Trump is privately considering whether to withdraw from the USMCA agreement, injecting new uncertainty into the ongoing critical renegotiations among the United States, Canada, and Mexico. These sources said that Trump had asked his aides why he shouldn’t withdraw from the agreement he signed during his first term, but he has not yet explicitly indicated he will take this action. A White House official responded to the related discussions by stating that Trump is the ultimate decision-maker and has always been seeking more favorable agreements for the American people. The official said that before the president makes an official announcement, discussions about potential actions are baseless speculation. The agreement is scheduled for a mandatory review on July 1, at which point a decision may be made whether to extend the deal. What was once expected to be a routine process has now evolved into a contentious negotiation. Trump has demanded more trade concessions from Ottawa and Mexico City and has pressured them to address unrelated issues such as immigration, drug trafficking, and national defense.