US President Trump is privately considering exiting the North American trade pact, Bloomberg reports

This report introduces considerable uncertainty around the future of the North American trade pact as it suggests President Trump may be contemplating withdrawal.

Newsquawk StaffPublished On the live feed at 2 more headlines followed before this page went public
Newsquawk headlinesUTC

Bank of America (BAC) Consumer Checkpoint says consumer spending showed solid resilience in January, with total card spending +2.6% Y/Y, strongest in nearly two years, despite weather‑related disruptions

Merck's (MRK) KEYTRUDA and KEYTRUDA QLEX plus Paclitaxel +/- Bevacizumab has been approved for certain adults with PD-L1+ platinum-resistant ovarian carcinoma as second or third line treatment

US President Trump is privately considering exiting the North American trade pact, Bloomberg reports

Dutch Court maintains its October decision regarding the suspension of Nexperia's former CEO, will appoint two investigators at Nexperia on short notice

Smurfit Westrock (SWR LN) Q4 (USD) Net Sales 7.58bln (prev. 7.53bln Y/Y), Adj. EPS 0.34 (prev. 0.47 Y/Y)

Open the platform and use it. The whole workspace is free to try, with no signup and no card. When you want the headlines arriving live instead of on a delay, Newsquawk Pro is £24.99 for 7 days.

Free. No signup, no card.
  • The news injects further uncertainty about the deal’s future into pivotal renegotiations involving the US, Canada and Mexico, Bloomberg said
  • Trump reportedly asked aides why he shouldn’t withdraw from the agreement, though he has stopped short of flatly signaling that he will do so
  • A White House official said it was baseless speculation before an announcement from Trump.
Context

Such a move could have significant implications for USD valuation, bilateral trade relations with Canada and Mexico, and broader market sentiment, especially in forex and equities, as investors reassess the risks involved in trade negotiations.

Related headlines

The whole workspace, free to try.

Try it free