According to Politico, the US Trade Representative said that US President Donald Trump may withdraw from the USMCA next year.
On Aug. 3 local time, U.S. Trade Representative Greg Greer said that a new round of tariffs imposed by U.S. President Donald Trump on several countries last week is "basically set" and will not be adjusted in the current negotiations, including 35% tariffs on imports from Canada, 50% tariffs on Brazil, 25% tariffs on India, and 39% tariffs on Switzerland. Some of the tariffs are based on bilateral trade surpluses and deficits, and "these rates are basically fixed," Greer said. (CCTV News)