00:00U.S. President Donald Trump says renewing the North American trade agreement is not a priority for his administration.
00:07His comments come as Canada prepares to send senior trade officials to Washington for further discussions amid growing tensions between
00:15the two countries.
00:18On July 1st, Trump declined to extend the United States-Mexico-Canada agreement, which is commonly known as the USMCA.
00:25He said the six-year-old agreement was more important to Canada and Mexico, as both countries depended heavily on
00:32American trade.
00:34Canada has not entered formal USMCA negotiations, although its officials have continued high-level discussions with U.S. Trade Representative
00:42Jameson Greer.
00:44Trump has weakened the agreement's tariff-free framework by imposing a 25 percent duty on vehicles from Canada and Mexico.
00:51He has also introduced 50 percent tariffs on steel and aluminium imports from both countries on national security grounds.
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