NAFTA To USMCA: What’s Different About Trump’s New Trade Pact?

The video discusses the transition from NAFTA to the USMCA, highlighting key changes such as improved labor standards for Mexican workers, stricter trade requirements, and new digital trade provisions. It addresses the impact of NAFTA on job loss and the measures in USMCA to prevent businesses from relocating to Mexico for cheaper labor. The video also covers the potential for USMCA to provide short-term trade stability, while noting its automatic termination in 16 years unless extended.

What new insight or understanding did you gain from this video?