NAFTA Replaced by New Trade Agreement: Understand the Changes

On July 1st, 2020 the United States-Mexico-Canada Agreement (USMCA) replaced the 26-year-old North American Trade Agreement (NAFTA) governing all trade within North America. This trade agreement – negotiated by the governments of the United States, Mexico and Canada – is intended to mutually benefit and support North American workers, farmers, businesses and ranchers through the use of fair and reciprocal trade.

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