Donald Trump has vowed to renegotiate the USMCA free trade agreement with Canada and Mexico if he wins the November presidential election. “I am announcing today that upon taking office, I will formally notify Mexico and Canada of my intention to invoke the six-year renegotiation provisions of the USMCA that I put in,” Trump said. Following tense negotiations, the U.S.-Mexico-Canada Agreement went into effect in 2020 to replace the earlier NAFTA. The new agreement is up for review on its sixth anniversary in 2026. …Speaking on Thursday, Trump said he wanted to better protect the U.S. auto industry and stop countries like China from shipping products tax-free into the U.S. via Mexico. “I terminated NAFTA. That’s a pretty big thing,” Trump said. …What we have to do is make it much better even.”