Trump weighs quitting USMCA as tariffs face House rebuke

President Trump is said to be considering exiting the North American trade pact, according to a report in Bloomberg.

Trump has asked his administration why he shouldn't withdraw from the agreement, which he signed during his first term in office. The development raises further questions about the deal's future and negotiations involving the US, Mexico, and Canada.

Meanwhile, the US House of Representatives will vote on Wednesday on whether to reject some of Trump's tariffs, after a last-ditch effort from House Speaker Mike Johnson failed to block them. The vote comes months ahead of the midterm elections — at a time when many Americans are concerned about the rising cost of living. Votes will start with a resolution to stop Trump's tariffs on Canada.

Meanwhile, there is confusion over the trade deal between the US and India after the White House adjusted language around agricultural goods.

https://finance.yahoo.com/news/live/trump-tariffs-live-updates-trump-weighs-quitting-usmca-as-tariffs-face-house-rebuke-220551628.html