President Trump Signs U.S.-Mexico-Canada Trade Deal

The USMCA agreement, a renegotiated trade deal between the US, Mexico, and Canada, was signed into law by the President. It was approved by the Senate and passed by the House after negotiations addressing concerns about environmental and labor standards. The US and Mexico have ratified the agreement, but it awaits Canada's formal approval to replace NAFTA.

What is the significance of the agreement being ratified by the US and Mexico?

What is the next step for the USMCA to take effect after being signed?