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Why Trump wants to rip up his own trade deal

NPR· Jul 1, 2026· 9m 30s

During President Donald Trump’s first term, he touted the USMCA as the largest and most fair trade deal ever achieved. So why is he now talking about ‘terminating’ it? Fact checking by Sierra Juarez . Your Next Listen — Are Trump’s trade deals the real deal? Connect with The Indicator — Sign up for The Indicator’s brand new newsletter — Buy the Planet Money book — Find our socials, YouTube and more ! — For sponsor-free episodes, subscribe to NPR+ See pcm.adswizz.com for information about our col

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Why Trump wants to rip up his own trade deal

🇬🇧English🇬🇧English
Sample transcript — click Live captions above to run Whisper on the actual audio in your browser.
  1. Welcome to the program. I'm your host.

    Welcome to the program. I'm your host.

    0:00
  2. Today we look at the major stories shaping the news cycle.

    Today we look at the major stories shaping the news cycle.

    0:04
  3. We start in Europe, where leaders met in Brussels.

    We start in Europe, where leaders met in Brussels.

    0:09
  4. The summit focused on energy policy and migration.

    The summit focused on energy policy and migration.

    0:14
  5. Reporting from the ground, our correspondent has more.

    Reporting from the ground, our correspondent has more.

    0:19
  6. Thank you. The mood here was tense but constructive.

    Thank you. The mood here was tense but constructive.

    0:24