Canada, Mexico, and the United States have clinched a deal to revise and replace the North American Free Trade Agreement (NAFTA), the trade accord that has governed regional cross-border commerce since 1994. The updated accord has been rebranded as the US-Mexico-Canada Agreement (USMCA) and will need to be signed and ratified to enter into force, a process that will last through at least early 2019.
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Agreements: NORTH AMERICAN FREE TRADE AGREEMENT (NAFTA)
Regions: NORTH AMERICA