U.S., Mexico and Canada Sign Pact to Replace Nafta

U.S., Mexico and Canada Sign Pact to Replace Nafta

U.S., Mexico, and Canada took a step on Friday toward easing commercial tensions in the region, as leaders of the three countries signed a new pact overhauling and updating their quarter-century-old free-trade zone. The USMCA signing concludes a tense year-and-a-half of commercial diplomacy among the neighbors, triggered in April 2017 when President Trump was on the verge of pulling the U.S. out of the bloc. That prompted Mexico and Canada to agree to a renegotiation.

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