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President Donald Trump has cast doubts on the renewal of the U.S.-Mexico-Canada Agreement (USMCA), citing trade deficits with both countries.<\/p>\n
We Don\u2019t Need Canadian Goods<\/p>\n
Trump, during a press briefing on Wednesday, criticized the USMCA, sharing that the U.S. had trade deficits with Canada and Mexico instead of surpluses.<\/p>\n
\u201cWe don\u2019t need anything that Canada has,\u201d Trump said during the briefing, adding that the U.S. needed to be treated better by Mexico and Canada.<\/p>\n
Trump: “Hey, we don’t need anything that Canada has, we don’t know anything that Mexico has, but they need everything that we have. And they have to treat us better.” pic.twitter.com\/ixLqZO02bf<\/a><\/p>\n \u2014 Aaron Rupar (@atrupar) June 10, 2026<\/a><\/p>\n Don’t Miss:<\/p>\n GasBuddy Analyst Refutes Trump\u2019s Comments<\/p>\n GasBuddy Analyst Patrick De Haan refuted Trump\u2019s comments via a post on X. \u201cCanadian oil makes up ***62%*** of the amount of oil the U.S. imports,\u201d De Haan said, adding that over 25% of the total oil barrels going into U.S. refineries originate from Canada.<\/p>\n \u201cHow\u2019s that for \u201cenergy independence\u201d? let that sink in,\u201d De Haan said in the post, illustrating Canada\u2019s role as a key supplier for U.S.\u2019s oil needs.<\/p>\n Canadian oil makes up ***62%*** of the amount of oil the U.S. imports and ***25%*** of every barrel that goes into U.S. refineries. how’s that for “energy independence”? let that sink in. https:\/\/t.co\/1AYeTGvg2m<\/a><\/p>\n \u2014 Patrick De Haan (@GasBuddyGuy) June 10, 2026<\/a><\/p>\n Trending: Avoid the #1 Investing Mistake: How Your \u2018Safe’ Holdings Could Be Costing You Big Time<\/a><\/p>\n The USMCA Under Spotlight<\/p>\n Trump\u2019s comments come as U.S. Trade Representative Jamieson Greer had previously said that tariffs imposed on Mexico\u2019s auto and steel sectors would remain in effect despite renegotiations in the U.S.-Mexico-Canada agreement, slated to end July 1st this year.<\/p>\n During December, Greer had hinted at the possibility that the Trump administration was mulling withdrawing from the USMCA altogether in 2026, but no official announcements have been made regarding such a move.<\/p>\n The Gordie Howe Bridge To Open<\/p>\n Meanwhile, the Gordie Howe International Bridge, a six-lane span bridge that connects Ontario with Michigan, is set to open its doors this Friday despite opposition from Trump.<\/p>\n Trump had earlier threatened to block the opening of the bridge, saying that Canada had treated the U.S. \u201cvery unfairly for decades.\u201d<\/p>\n Photo courtesy: Shutterstock<\/p>\n Read Next:\u00a0<\/p>\n Building Wealth Across More Than Just the Market<\/p>\n Building a resilient portfolio means thinking beyond a single asset or market trend. Economic cycles shift, sectors rise and fall, and no one investment performs well in every environment. That’s why many investors look to diversify with platforms that provide access to real estate, fixed-income opportunities, precious metals, and even self-directed retirement accounts. By spreading exposure across multiple asset classes, it becomes easier to manage risk, capture steady returns, and create long-term wealth that isn’t tied to the fortunes of just one company or industry.<\/p>\n Arrived<\/p>\n Backed by Jeff Bezos, Arrived Homes makes real estate investing accessible with a low barrier to entry. Investors can buy fractional shares of single-family rentals and vacation homes starting with as little as $100<\/a>. 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For accredited investors, FarmTogether offers direct access to high-quality U.S. farmland starting at $15,000<\/a> \u2014 fully managed, with no landlord headaches.<\/p>\n EquityMultiple<\/p>\n For accredited investors looking beyond stocks and bonds, EquityMultiple provides access to vetted commercial real estate deals starting at $5,000,<\/a> with only ~5% of opportunities passing their due diligence process.<\/p>\n Fundrise<\/p>\n Private real estate and private credit can add income and stability to a stock-heavy portfolio. Fundrise offers access to diversified private real estate<\/a> and credit strategies through an easy-to-use platform, with professionally managed portfolios designed to generate passive income and long-term growth.<\/p>\n American Hartford Gold<\/p>\n