President Trump Says USMCA Is Good Deal for All Countries but May Be Renegotiated or Terminated After Carney's Tariff Comments

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Published May 6, 2025, 04:56 PM

President Donald Trump affirmed that the United States is not willing to abandon the United States-Mexico-Canada Agreement (USMCA), describing it as a good deal beneficial for all countries involved. Despite this positive assessment, Trump indicated that the agreement could be subject to renegotiation or termination in the future. This statement came in response to comments by Carney, who noted that some tariff measures under Trump's administration have leveraged existing aspects of the USMCA, implying that changes to the agreement may be necessary.

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Sources

Josh Wingrove

@josh_wingrove

Carney to Trump, on USMCA: “Part of the way you've conducted these tariffs has taken advantage of existing aspects of usmca. So it's going to have to change.” Trump on USMCA: “it’s fine, it’s there, it’s good” but will be renegotiated or terminated.

FinancialJuice

@financialjuice

Trump: USMCA is good deal for everybody.