Overview
- Speaking at a Ford factory in Dearborn, Michigan, the president called the North American trade deal “irrelevant” to the United States and said there is “no real advantage to it.”
- He said the agreement “expires very shortly” and that the U.S. “could have it or not,” signaling openness to letting it lapse.
- Urging companies to reshore production, he said the U.S. does not need cars made in Canada or Mexico and wants them built domestically.
- CUSMA requires a joint review after six years, creating a decision point this year on whether to renew, renegotiate, or move toward expiry.
- Canada plans to open formal review talks in mid-January and has said it expects changes to the deal while doubting a full U.S. withdrawal.