NAFTA vs. USMCA: The new North American trade deal explained Published October 1, 2018 Updated June 20, 2019 ...

President Donald Trump called the original North American Free Trade Agreement a "disaster." Now his vice president is traveling to New Mexico on Wednesday to sell NAFTA 2.0. The new deal ...

It also expands U.S. access to up to 3.75 percent of the Canadian dairy market (versus 3.25 percent in the Trans-Pacific Partnership agreement the Obama administration negotiated but Trump nixed ...

Nafta: The current Nafta, which came into force in 1994, requires that 62.5 percent of cars produced in the trade zone be made in North America. There's no minimum-wage requirement. Dairy ...

Here are six key differences between the two agreements: Auto manufacturing boost The USMCA requires 75% of a vehicle’s parts to be made in one of the three countries – up from the current 62. ...

The United States, Canada, and Mexico have reached a trilateral deal that will replace the 24-year-old NAFTA (North American Free Trade Agreement), which President Trump once called “a disaster ...

After over a year of negotiations and just hours before an October 1 deadline, the Trump administration and government of Canadian Prime Minister Justin Trudeau managed to reach a deal to bring Canada ...

As Amna Nawaz tells us, the USMCA accord, as it's now called, is meant to replace NAFTA, the North American Free Trade Agreement. And it does change or replace some important provisions.

Today, NAFTA encompasses a market of 500 million people with a combined GDP of $25 trillion. {mosads}NAFTA has been a boon for U.S. producers and consumers.

Comparison of NAFTA and USMCA trade agreementsTariffs stay in place U.S. tariffs of 25 percent on steel and 10 percent on aluminum from Canada and Mexico remain in effect as negotiations continue ...

For example, it agreed to retain a NAFTA dispute-resolution process that it wanted to jettison but Canada insisted on keeping. Overall, financial markets were relieved the countries reached a deal.