What Is the USMCA? The Facts Explained

What Is the USMCA? The Facts Explained

The United States-Mexico-Canada Agreement (USMCA) went into force on July 1, 2020, to replace NAFTA. While much of the 25-year-old NAFTA is retained in the USMCA, the new agreement seeks to drive more mutually beneficial trade between the three nations, further bolster the economy, manage emerging 21st-century issues, and address the U.S.'s changing attitudes to foreign trade.

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