The trade agreement NAFTA has been replaced by USMCA
July 1, 2020
Today officially marked the beginning of the USMCA, the new trade agreement between the United States, Mexico and Canada. The agreement replaces NAFTA, which President Trump called, quote, “the worst trade deal ever.” But how much really changes with this new agreement? Arizona Horizon spoke with Consul General of Canada, Zaib Shaikh and Governor Ducey’s senior advisor for regional and international affairs, Juan Ciscomani to get a better idea for the agreement and what it means for the three countries.
The deal, which has been in the making the last several years, replaces the 25-year-old North American Free Trade Agreement that created the three-country trading zone that economists say has been worth billions in trade and thousands of jobs in Arizona alone.
Learn more about the new trade agreement.
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