What is the United States-Mexico-Canada Agreement?
After almost 25 years, the North American Free Trade Agreement (NAFTA) between the United States, Mexico and Canada is set to be replaced. Canada finally signed-up to its replacement deal the United States-Mexico-Canada Agreement (USMCA), on the weekend, following over a year of talks.
Renegotiating NAFTA was a Trump campaign promise and part of the broader “America First” agenda to correct perceived unfair trade deals for the US and to return jobs from lower-wage countries like Mexico and China.
Following a review of the terms and ratification of the deal by the respective governments, the proposed deal will take effect in 2020.
Jack Berkefeld spoke with Professor Anis Choudhry, Adjunct Professor from the Dean’s Unit at the School of Social Sciences & Psychology at Western Sydney Uni, and a former senior UN official to see what’s new.,