Not to fear, the CBC has reassured us with 'he can't do that, that would be illegal'. Don't you feel better already?

https://www.cbc.ca/news/world/trump-cusma-usmca-expiry-reality-check-9.7239266

#Trade #Trump #CUSMA #USMCA #Canada #US

ANALYSIS | Here's a reality check on Trump's latest threats to CUSMA trade deal | CBC News

U.S. President Donald Trump has sounded off once again about his country's three-way trade deal with Canada and Mexico, this time musing about the agreement "expiring immediately."

CBC

Anyone know of this is accurate?
I have been told in the past that one big thing tying Canada to continuing, and expanding, oil production is because of terms in NAFTA (now USMCA) that essentially say every drop of oil must continue until the customer deems otherwise.

If Trump has essentially broken large parts of CUSMA AND has said openly he believes it should end then…

Outside of its own needs, is Canada under any obligation to continue exporting/importing oil and gas products to/from the USA?

Could the end of CUSMA give Canadian climate activists the first real chance to push for reductions in absolute fossil fuel production and a true transition for fossil fuel workers in the industry!?

#canada #canpoli #cdnpoli #climatechange #climatecatastrophe #endfossilfuels #usa #theAmericanFascist #NAFTA #USMCA

Today’s updates: US Customs issues new 79-page unified forced labor guidance for importers, Canada’s Competition Bureau launches an inquiry into food supply chains, USMCA July review prep intensifies, and LexisNexis rolls out Lexis+ with Protégé.
#USMCA #legaltech #AI

Trump on USMCA trade pact: ‘I’d rather have it terminated’

US President Trump said that the United States would do better without the US-Mexico-Canada Agreement on trade ‌and that he would prefer not to have a new one. #News #Reuters #Newsfeed #Trump #USMCA #Canada #Mexico Read the story here: 👉 Subscribe: Keep up with the latest news from around the world: Follow Reuters on Facebook: Follow Reuters on X: Follow Reuters on Instagram:

https://fllics.com/en/video/trump-on-usmca-trade-pact-id-rather-have-it-terminated/

Trump on USMCA trade pact: 'I'd rather have it terminated'

US President Trump said that the United States would do better without the US-Mexico-Canada Agreement on trade ‌and that he would prefer not to have a new one. #News #Reuters #Newsfeed #Trump #USMCA #Canada #Mexico Read the story here: https://reut.rs/4oxbpHs 👉 Subscribe: https://reut.rs/4b8fRGn

Fllics

Canada has tabled a tough new forced labor import ban that shifts the burden of proof to importers. Meanwhile, the EU AI Act enforcement date is set for August 2, and LOD is embedding Wordsmith AI into its managed services.

#supplychain #trade #legaltech #AI #USMCA

Opinion: North American free trade is gone, dead and buried

Trump’s MAGA philosophy holds a deep-seated antipathy to trade agreements and the idea of a North American free-trade area

https://www.theglobeandmail.com/business/commentary/article-north-american-free-trade-usmca-trump-maga/

#TopNews #News #US #USMCA #Canada

Exporters take note: The U.S. has proposed a 10% Section 301 tariff on Canadian goods over forced labor enforcement issues. While CUSMA goods are exempt, supply chain origin tracing is now critical. Secure your supplier contracts today.

#CrossBorderTrade #USMCA #SupplyChain

Is Trump finally burying the zombie US-Mexico-Canada trade pact?

His administration wants a more clear advantage than the current USMCA offers so he's decided not to renew sparking an uncertain future

https://responsiblestatecraft.org/trump-usmca-review/

#TopNews #News #US #Canada #USMCA

Trump threatens not to renew trade deal with Canada, Mexico
U.S. President Donald Trump is once again dangling the threat of withdrawing from his country's free trade deal with Canada and Mexico, even though his trade officials are in talks on renewing it.
https://www.cbc.ca/news/politics/trump-cusma-usmca-trade-renew-9.7230164?cmp=rss