<h1>US president signals possible renegotiation or uncertainty over USMCA; Canada seeks relief from Section 232 steel and aluminum tariffs</h1> The U.S. president signaled ambivalence about the future of the United States-Mexico-Canada Agreement, stating the administration could renegotiate the pact, pursue alternate bilateral deals, or maintain uncertainty ahead of next year's formal review. The Canadian prime minister sought relief from sector-specific Section 232 tariffs (notably steel and aluminum). The remarks underscore legal and commercial risks: potential renegotiation or termination procedures under USMCA would trigger review, notice and renegotiation mechanisms and could impose tariff exposure and disruption across integrated supply chains, raising political pressure domestically in Canada to secure tariff relief.