Trump Says He Won’t Renew Current Trade Agreement With Mexico, Canada

“However, the Agreement remains in force pending resolution of these issues or until the Agreement’s termination,” Greer continued.

“As previously announced, the United States will meet with Mexico the week of July 20 for a third round of bilateral negotiations related to the USMCA joint review,” he said.

One senior administration official stated that President Trump “chose not to rubber stamp a USMCA renewal without addressing existing issues.”

The official said Trump is concerned about ongoing trade deficits with both Mexico and Canada.