Publish in Special Reports - Wednesday, July 1, 2020
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)
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