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Trump Threatens USMCA Changes Amid Canada Tensions

1/29/2026

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Trump Threatens USMCA

U.S. President Donald Trump threatened significant changes to the United States–Mexico–Canada Agreement (USMCA).
U.S. Treasury Secretary Scott Bessent warned Canadian Prime Minister Mark Carney against public comments jeopardizing negotiations and criticized Carney's World Economic Forum speech as politically motivated.
Carney affirmed he stands by his remarks, despite Bessent's criticisms.
Bessent's comments reflect a broader strategy to pressure Canada ahead of the formal USMCA review.

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Sheinbaum Advances USMCA

Mexican President Claudia Sheinbaum described a January 29, 2026 talk with U.S. President Donald Trump as productive and cordial, noting progress on trade.
A meeting between Mexico's economy chief Marcelo Ebrard and U.S. Trade Representative Jamieson Greer led to talks on USMCA reforms.
The United States-Mexico-Canada Agreement (USMCA) has been in effect since 2020, with a joint review due by July 1, 2026 to decide on renewal or modifications.

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Trump Threatens USMCA

U.S. President Donald Trump threatened significant changes to the United States–Mexico–Canada Agreement (USMCA).
U.S. Treasury Secretary Scott Bessent warned Canadian Prime Minister Mark Carney against public comments jeopardizing negotiations and criticized Carney's World Economic Forum speech as politically motivated.
Carney affirmed he stands by his remarks, despite Bessent's criticisms.
Bessent's comments reflect a broader strategy to pressure Canada ahead of the formal USMCA review.

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