President Donald Trump is privately exploring the possibility of withdrawing from the North American trade agreement, according to a Bloomberg News report citing anonymous sources familiar with internal discussions. Trump has asked aides about potential consequences of exiting the agreement he signed during his first term, though he hasn't made a final decision.

The administration is facing a mandatory review of the US-Mexico-Canada Agreement before a possible extension on July 1. What was expected to be a routine process has become contentious, with Trump demanding additional trade concessions from both countries while pressing them on unrelated issues including migration, drug trafficking, and defense.

White House officials say Trump is always seeking better deals for Americans, while an official from US Trade Representative Jamieson Greer's office stated that simply renewing the 2019 terms isn't in the national interest. Both officials spoke anonymously and didn't directly address whether Trump was considering an exit from the trade pact. The administration plans to keep Trump's options open while addressing identified issues through negotiations.