United States-Mexico-Canada Agreement (USMCA)

The United States-Mexico-Canada Agreement (USMCA) is a trade deal that replaced the North American Free Trade Agreement (NAFTA) to improve trade relations between the U.S., Mexico, and Canada. It aims to boost manufacturing, support jobs, and create fairer trade practices. Key features include stronger labor protections, updated rules for technology and digital trade, and environmental standards. The agreement seeks to better reflect modern economic realities and promote mutual economic growth among the three countries, enhancing market access and ensuring fair competition. Overall, it aims to strengthen the economic ties in North America.