The USMCA, or United States-Mexico-Canada Agreement, is a trade deal that replaced the older NAFTA (North American Free Trade Agreement). It aims to strengthen economic ties between the United States, Mexico, and Canada by reducing trade barriers and promoting fair competition. This agreement helps create jobs and supports industries like agriculture, manufacturing, and technology across the three countries.
One of the key features of the USMCA is its focus on modernizing trade rules to reflect the digital economy. It includes provisions for intellectual property protection and encourages cooperation on environmental and labor standards. Overall, the USMCA is designed to benefit workers and businesses in all three nations.