The USMCA enters into force July 1, 2020. (Collage of the flags of the United States, Mexico and Canada by Alex Covarrubias).
Richard Mojica, Miller & Chevalier; John Murphy, US Chamber of Commerce and Duncan Wood, Wilson Center’s Mexico Institute. (Latinvex collage)
Wednesday, July 1, 2020
Special Reports
USMCA vs NAFTA: The Good & The Bad
Trump’s new North American deal replaces successful NAFTA.
BY JOACHIM BAMRUD
On July 1, the new United States-Mexico-Canada Agreement (USMCA) will enter into force, replacing the 26-year old North American Free Trade Agreement (NAFTA).
Despite that NAFTA was hugely successful at boosting trade between the United States, Mexico and Canada, US President Donald Trump forced a new deal after threatening to leave NAFTA. He repeatedly and erroneously claimed NAFTA was ...
Keywords: Canada, Mexico, Miller & Chevalier, NAFTA, US Chamber of Commerce, USMCA, Wilson Center
SEE ALSO
NAFTA Made U.S. More Competitive