USMCA comes into effect after months of negotiations

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USMCA comes into effect after months of negotiations's Profile



The new NAFTA is officially a law.

The United States-Mexico-Canada Agreement (USMCA) came into effect on Wednesday, bringing an end to months of negotiations between the three countries.

Speaking days earlier, Justin Trudeau cast an optimistic light on the new deal.  He says the deal will provide security for automobile manufacturers and ensure that Canada continues to have access to the US market.

The feds say it could inject $6.8-billion into Canada’s economy by 2025.

Trade between the three countries was worth more than $1.5-trillion in 2018.

Image courtesy of the White House

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