Welcome to ZisNews!

Read your favorite news, except the excluded topics, by you. Register
No overlapping ads for registered users

Trump could leave trade deal next year, top trade official says

Posted on: Dec 04, 2025 19:04 IST | Posted by: Cbc
Trump could leave trade deal next year, top trade official says

ruff suggests he’s open up to letting CUSMA expire

ar Trump’s global tariffs illegal? | About That

Carney says 'who cares' comment was a mistake

Canadian farmers are being crushed by tariffs

Costco sues Trump administration over tariffs

Nearly 150 people representing every U.S. Economic sector you can think of, from avocados to zinc, are scheduled to make presentations.

Their input will ostensibly be used as advice to the Trump administration about whether to renew CUSMA, amend it or withdraw.

“Ostensibly” is the key caveat.

I listened to a couple dozen presentations yesterday, and read through dozens more of the written submissions to the hearing, and I've yet to find anyone advocating for walking away from CUSMA — or letting it expire, as Trump has floated.

The testimony at the hearing is to be summarized in a report that the U.S. Trade Representative, Trump appointee Jamieson Greer, must provide to Congress by Jan. 2.

Canadian business jitters may not be unfounded. Politico reported this morning that Trump is considering withdrawing from the agreement next year, citing his trade representative Jamieson Greer.

"The president’s view is he only wants deals that are a good deal. The reason why we built a review period into USMCA was in case we needed to revise it, review it or exit it," Greer told Politico's White House bureau chief Dasha Burns in a podcast episode that airs Friday.

Greer also raised the idea of negotiating separately with Canada and Mexico and dividing the agreement into two parts in the podcast, adding that he spoke with Trump about that possibility just this week, according to Reuters.

The White House, Canadian and Mexican governments did not immediately respond to Reuters' request for comment.

Hello, I'm a member of the live page team. Canadian business and policy groups are speaking at the CUSMA hearings in Washington, as fears grow U.S. President Donald Trump could pull the plug on the trade deal altogether.

Today, representatives from some of the Canadian industries hardest hit by tariffs will be testifying — including steel and aluminum manufacturer associations, as well as from the automotive and aviation industries.

My colleague Mike Crawley has been attending the hearings and reported yesterday that speaker after speaker called for an extension of the agreement (called USMCA in the U.S.), emphasizing how its free trade terms have boosted revenues through access to both Canadian and Mexican markets.

While the witnesses were testifying about the agreement on Wednesday, a reporter asked Trump for his position on renegotiating it.

"We'll either let it expire, or we'll maybe work out another deal with Mexico and Canada," Trump said at the White House.

The agreement is up for review by July 2026, and set to expire in 2036.

Global News Perspectives

In today's interconnected world, staying informed about global events is more important than ever. ZisNews provides news coverage from multiple countries, allowing you to compare how different regions report on the same stories. This unique approach helps you gain a broader and more balanced understanding of international affairs. Whether it's politics, business, technology, or cultural trends, ZisNews ensures that you get a well-rounded perspective rather than a one-sided view. Expand your knowledge and see how global narratives unfold from different angles.

Customizable News Feed

At ZisNews, we understand that not every news story interests everyone. That's why we offer a customizable news feed, allowing you to control what you see. By adding keywords, you can filter out unwanted news, blocking articles that contain specific words in their titles or descriptions. This feature enables you to create a personalized experience where you only receive content that aligns with your interests. Register today to take full advantage of this functionality and enjoy a distraction-free news feed.

Like or Comment on News

Stay engaged with the news by interacting with stories that matter to you. Like or dislike articles based on your opinion, and share your thoughts in the comments section. Join discussions, see what others are saying, and be a part of an informed community that values meaningful conversations.

Download the Android App

For a seamless news experience, download the ZisNews Android app. Get instant notifications based on your selected categories and stay updated on breaking news. The app also allows you to block unwanted news, ensuring that you only receive content that aligns with your preferences. Stay connected anytime, anywhere.

Diverse News Categories

With ZisNews, you can explore a wide range of topics, ensuring that you never miss important developments. From Technology and Science to Sports, Politics, and Entertainment, we bring you the latest updates from the world's most trusted sources. Whether you are interested in groundbreaking scientific discoveries, tech innovations, or major sports events, our platform keeps you updated in real-time. Our carefully curated news selection helps you stay ahead, providing accurate and relevant stories tailored to diverse interests.

Login to Like (0) Login to Dislike (0)

Login to comment.

No comments yet.