President Donald Trump said Wednesday he is not looking to renew the Canada-U.S.-Mexico Agreement (CUSMA) trade pact [1].

The statement threatens the stability of North American trade corridors and creates immediate economic uncertainty for manufacturers and farmers in all three nations.

Speaking to reporters in the Oval Office on June 10, 2026, Trump questioned the necessity of the agreement [2]. He said that the current dynamics of North American trade have shifted in favor of the United States, which he said possesses significant leverage over its neighbors [3].

"I don't know that I'm going to renew it," Trump said [1].

The president said that the United States has reached a point where it no longer relies on the specific terms of the pact to maintain its economic interests. He said that the U.S. does not need anything from Canada and Mexico, which renders the renewal of the agreement unnecessary [3].

"I'm not looking to renew the Canada-U.S.-Mexico Agreement," Trump said [2].

CUSMA, which replaced the North American Free Trade Agreement (NAFTA), governs the flow of goods and services across the borders of the three countries. The deal includes critical provisions for the automotive industry, dairy, agriculture, and intellectual property rights. A failure to renew the agreement could lead to the imposition of tariffs or a return to more restrictive trade barriers, a move that would disrupt integrated supply chains.

Canadian and Mexican officials have not yet issued a formal joint response to the comments, though the remarks follow a period of increasing tension regarding trade imbalances and border security. The U.S. administration has previously used the threat of trade renegotiations to secure concessions on labor standards and environmental regulations.

Trump said the U.S. holds the dominant position in the relationship [3]. He said that the lack of necessity for Canadian or Mexican imports justifies a reconsideration of the pact's future.

“"I don't know that I'm going to renew it."”

The potential expiration of CUSMA would remove the legal framework that ensures duty-free access for most goods between the U.S., Canada, and Mexico. Because the North American economy is deeply integrated, particularly in the automotive sector where parts cross borders multiple times during production, the absence of a renewed agreement could trigger widespread price increases and supply chain volatility.