All that U.S. heavy lifting to get the U.S.-Mexico-Canada Agreement (USMCA), also known as NAFTA 2.0, is over with President Trump’s signature January 29 fulfilling his campaign pledge to replace the original tripartite treaty – “a nightmare, the worst trade deal” in U.S. history – now fulfilled. Mexico approved the treaty first and did so quickly; Canada isset to begin consideration of what it calls the Canada-U.S.-Mexico Agreement (CUSMA) this week.
Once Canada ratifies the treaty, a process expected to take just a couple of months, USMCA goes into effect 90 days thereafter.
Continue reading Trump Inks NAFTA 2.0; Credit Tug-of-War Ensues at Brownfield Ag News.