Global Trade Alert Message:
The United States-Mexico-Canada trade agreement, or USMCA, was officially passed by the Senate today. This new agreement replaces the North American Free Trade Agreement (NAFTA) and is a major overhaul of the trade rules pertaining to the countries of North America. The biggest changes in the agreement were centered around agriculture, manufacturing, and services.
Senate Majority Leader Mitch McConnel said, “Farmers, growers, cattlemen, manufacturers, small businesses, big businesses. This is a major step for our whole country.” The pact is now being sent to President Trump’s desk for final approval.
You can read the full news release from USA Today here: www.usatoday.com/usmca-replace-nafta