USMCA

The USMCA (United States-Mexico-Canada Agreement) is a trade deal that replaced NAFTA in 2020. It sets rules for how businesses in these three countries can trade, buy, and sell goods and services with each other. The agreement aims to boost economic growth, create jobs, and ensure fair practices by updating rules on things like tariffs, labor, environmental standards, and digital trade. It also provides clearer guidelines and stronger protections to promote cooperation and stability across North America’s economies.