Trump signals uncertainty over CUSMA's future at G7 summit
The trade pact faces a July 1 review deadline. Trump says he might sign it or let it expire—the latest conflicting message on the agreement.
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U.S. President Donald Trump offered conflicting signals Wednesday about the future of the Canada-U.S.-Mexico Agreement, saying he would "rather not" have the trade pact but might sign it or let it expire immediately.
Speaking at the G7 summit in France, Trump gave no clarity on whether the continental trade deal—known in Canada as CUSMA—will survive its mandatory review coming up against a July 1 deadline.
If the U.S. misses that deadline, an annual rolling review would trigger for up to a decade, at which point CUSMA would expire unless renewed. Canada and Mexico have both called for a 16-year extension to the agreement.
This is not the first time Trump has threatened the pact's future. He previously called CUSMA "irrelevant," and his administration's comments suggest the U.S. expects to blow past the July deadline.