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The free-trade deal comes up for statutory review in 2026, but the president is using the threat of tariffs on goods from Canada and Mexico to pressure the two nations to start earlier, people familiar with the matter told the Journal.
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The sources said Trump is particularly keen to change automotive rules under the pact, forcing automakers to move their plants back to the United States from Canada and Mexico.
Though the new president declined to slap Canada and Mexico with hefty tariffs on his first day in power, he ordered officials to examine U.S. trade relationships for unfair practices. According to the document, Trump is set to direct his cabinet secretaries to assess the impact of the USMCA on American workers and businesses and make recommendations on whether the U.S. should continue participating in it, Bloomberg reports.
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Trump was in power when the USMCA was first negotiated as a replacement for the North American Free Trade Agreement. The new deal came into force in 2020.
Additional reporting by Bloomberg News
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