Branch2 Intelligence
CNBC Daily Open: Trump’s 'best' trade deal gets another look
Key takeaway
US non-renewal of USMCA triggers trade uncertainty across North America.
- Step 1US non-renewal of USMCA removes tariff-free trade with Mexico and Canada.
- Step 2US importers face cost spikes on Mexican and Canadian goods, raising input costs for manufacturers.
- Step 3UK SMEs with North American supply chains experience higher input costs and potential disruption as global trade patterns shift.
Source: CNBC
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