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The United States–Mexico–Canada Agreement (USMCA) came into force on July 1, 2020, which is replacing the North American Free Trade Agreement (NAFTA). The new agreement between Canada, the United States and Mexico signed in Buenos Aires on November 30, 2018, as modified by the Protocol amending in Mexico City on December 10, 2019. Historically, since 1994, the NAFTA has been established on the values of trilateral free market trade, the contribution of the economic growth, and higher living standards for the populations of the three-member countries. |
