What Is the USMCA?

Autor: Monga, Vipal (AUTHOR)
Předmět:
Zdroj: Wall Street Journal - Online Edition. 11/27/2024, pN.PAG-N.PAG. 1p.
Abstrakt: The USMCA, or U.S.-Mexico-Canada Agreement, is a trade deal that replaced the North American Free Trade Agreement (NAFTA) in 2020. It maintains duty-free trade between the three countries, updates labor and technology rules, and includes provisions for digital trade. The deal has boosted trade among the countries, but there are ongoing concerns and discussions about potential renegotiations in the future, particularly regarding issues such as protectionist policies, steel exports, and access to dairy and poultry markets. [Extracted from the article]
Databáze: Regional Business News