Feb 11 β€’ 12:45 UTC πŸ‡§πŸ‡· Brazil Folha (PT)

Trump considers abandoning trade agreement with Canada and Mexico, says agency

US President Donald Trump is reportedly contemplating withdrawing from the USMCA trade agreement with Canada and Mexico, according to sources familiar with the discussions.

US President Donald Trump is evaluating the possibility of withdrawing from the US-Mexico-Canada Agreement (USMCA), which he signed during his first term. Sources familiar with the topic have indicated that Trump has been inquiring with his advisors about the reasons he shouldn't exit the agreement, though he hasn't made any definitive statements suggesting he will do so just yet. This internal dialogue reflects ongoing considerations within the Trump administration regarding the effectiveness and implications of the trade deal.

A White House official commented on the matter, emphasizing that Trump has the ultimate decision-making power and is continuously seeking the best solutions for the American populace. They characterized the ongoing discussions as potentially speculative, employing cautious language ahead of any forthcoming announcements from the president. The deliberations highlight a climate of uncertainty regarding U.S. trade relations with its North American neighbors.

In a related context, Jamieson Greer, who is part of the U.S. trade negotiation team, suggested that a mere automatic approval of the terms set in 2019 might not align with the national interest. This positions the administration as wanting to keep options open for Trump to negotiate any issues that may arise, thereby maintaining flexibility in its policy approach towards Canada and Mexico. These considerations may have significant ramifications for future U.S. trade dynamics, especially in light of economic pressures and political challenges.

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