The Agreement between the United States of America, the United Mexican States, and Canada, commonly known by its American English title United States–Mexico–Canada Agreement (USMCA), is a free trade agreement concluded between Canada, Mexico, and the United States as a successor to the North American Free Trade Agreement (NAFTA). The agreement has been characterized as “NAFTA 2.0,” or “New NAFTA,” since many provisions from NAFTA were incorporated and its changes were seen as largely incremental. On July 1, 2020, the USMCA entered into force in all member states.
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The Agreement between the United States of America, the United Mexican States, and Canada, commonly known by its American English title United States–Mexico–Canada Agreement (USMCA), is a free trade agreement concluded between Canada, Mexico, and the United States as a successor to the North American Free Trade Agreement (NAFTA). The agreement has been characterized as “NAFTA 2.0,” or “New NAFTA,” since many provisions from NAFTA were incorporated and its changes were seen as largely incremental. On July 1, 2020, the USMCA entered into force in all member states.