Mexico-Canada Agreement

The Mexico-Canada Agreement (MCA), also known as USMCA in the U.S., is a trade treaty that replaces the North American Free Trade Agreement (NAFTA). It aims to promote economic growth and cooperation by reducing tariffs, allowing easier cross-border trade, and setting fair rules for industries like automotive, agriculture, and digital trade. The agreement also includes updated provisions on labor rights, environmental standards, and intellectual property to ensure sustainable and fair trade practices among Mexico, Canada, and the United States. Essentially, it modernizes trade relations to benefit consumers, businesses, and workers in all three countries.