President Donald Trump could potentially pull the United States out of the USMCA as early as next year, according to a Politico report citing US Trade Representative Jamieson Greer. Greer said the six-year review period of the USMCA was designed to allow the US to re-evaluate or exit the agreement if it is no longer considered beneficial.
Greer also suggested that the US could negotiate separate agreements with Canada and Mexico, thus splitting the USMCA into two separate agreements. He confirmed that he had recently spoken to Trump about the proposal.
The White House and the governments of Canada and Mexico have not yet commented on the report. However, Trump's statement a day earlier fueled speculation when he said the USMCA would either be allowed to expire or replaced by a new agreement.
The USMCA, negotiated during Trump's first term and replacing NAFTA in 2020, is scheduled to undergo a mandatory review after six years. The review could open the door to new trade tensions between North America's three largest economies.
With Trump considering structural changes or complete withdrawal, the future of regional trade integration now faces high uncertainty, with significant implications for supply chains, rules of origin and cross-border investment.
