Group 1: U.S. Defense and Agricultural Policy - President Trump signed an executive order to secure domestic supplies of elemental phosphorus and glyphosate-based herbicides, citing risks to the U.S. defense industrial base and food supply from foreign threats [2][3] - Elemental phosphorus is crucial for military munitions, semiconductors, and lithium-ion batteries, while glyphosate is essential for the production of corn, soy, and cotton, with over 90% of these crops relying on glyphosate-based herbicides [2][3] - The order prioritizes domestic production, impacting major players like Nutrien (NTR) and The Mosaic Company (MOS) in the North American phosphate market [2] Group 2: Canada-Mexico Trade Relations - Canada and Mexico have rejected discussions on bilateral trade paths, emphasizing their commitment to maintaining the trilateral USMCA agreement [4][5] - Canadian Minister Dominic LeBlanc expressed confidence in a unified approach to ensure a renewed partnership during the upcoming USMCA review [5] - The economic relationship between Canada and Mexico has grown twelvefold over 30 years, with two-way trade reaching $56 billion, highlighting the increasing importance of the non-U.S. North American corridor [7][8]

🚨BREAKING: TRUMP IS CONSIDERING EXITING USMCA TRADE PACT HE NEGOTIATEDAccording to Bloomberg, U.S. President Donald Trump is privately considering withdrawing from the United States-Mexico-Canada Agreement (USMCA), the very trade deal he helped negotiate.Trump has asked aides why the U.S. shouldn’t pull out of the North American trade pact, injecting fresh uncertainty into ongoing talks with Canada and Mexico.USMCA, signed in 2020 to replace NAFTA, is central to trilateral trade worth hundreds of billions a ...