The USMCA is actually mostly identical to NAFTA, which is fine since NAFTA was a good agreement.
President Trump on Wednesday signed the U.S.-Mexico-Canada Agreement, a trade deal meant to replace the North American Free Trade Agreement.
This phase of the trade war is ending, but this legislation should be scrutinized more closely.
The agreement will allow free trade between U.S.A, Mexico and Canada among farmers and manufacturers, while updating certain rules in response to recent technological changes.
Elizabeth Warren saaid she would vote to pass the USMCA trade deal on Friday, despite saying in 2018 that she would not support 'NAFTA 2.0.'
The House passed the USMCA, President Trump’s landmark North American trade deal, on Thursday afternoon by a 385–41 margin, less than 24 hours after voting to impeach the president.
The renegotiated NAFTA includes a couple of key improvements, but there’s still much work to be done.