Trump said he will not renew the USMCA trade pact with Mexico and Canada before a July deadline, opening an uncertain new phase for the region.

U.S. President Donald Trump says he is not inclined to renew the Canada-U.S.-Mexico Agreement on free trade that he signed in 2020.

Trump rejects USMCA reauthorization, pushing bilateral renegotiations instead of a 16-year renewal for the $1.8 trillion North American trade agreement.