During a visit to Detroit, Michigan, on Tuesday, U.S. President Donald Trump stated that the United States-Mexico-Canada Agreement (USMCA) is "irrelevant" to the U.S., while asserting that Canada desires the agreement. Trump's comments come as he continues to advocate for companies to repatriate manufacturing operations to the United States.

Trump stated, "There's no real advantage to it; it's irrelevant," referring to the trade agreement. He further added, "Canada would love it. Canada wants it. They need it."

The USMCA, a trade agreement between the United States, Mexico, and Canada, succeeded the North American Free Trade Agreement (NAFTA). It governs trade and investment between the three countries. The agreement aims to eliminate barriers to trade, promote fair competition, and increase investment.

Detroit's major automakers, including Ford, General Motors, and Stellantis, rely on supply chains that include significant parts production in both Mexico and Canada. All three companies produce hundreds of thousands of vehicles annually in both countries. The implications of potentially altering or abandoning the USMCA could have significant ramifications for these automakers and their established supply chains.

The President's remarks raise questions about the future of trade relations between the U.S., Canada, and Mexico. It remains to be seen how these comments will translate into policy changes and what impact they will have on the automotive industry and broader economic landscape.