On June 19, 2019, the Mexican Senate ratified the agreement (114 yes, 3 no, 3 abstentions). [88] Mexico`s ratification process will be completed when the President announces its ratification to the Federal Register. On June 1, 2020, the USTR Office issued the uniform rules[30] which are the last hurdle before the implementation of the agreement on July 1, 2020. The provisions of the Convention cover a wide range of agricultural products, homelessness, industrial products, working conditions and digital commerce. Among the most important aspects of the agreement are improving U.S. dairy farmers` access to the Canadian market, guidelines for a greater proportion of automobiles produced in the three countries and not imported from other countries, and maintaining the dispute settlement system, which is similar to that contained in NAFTA. [35] [38] The agreement between the United States of America, the United States of Mexico and Canada[1], commonly known as the United States-Mexico-Canada Agreement (USMCA), is a free trade agreement between Canada, Mexico and the United States, replacing the North American Free Trade Agreement (NAFTA). [2] [3] [4] The agreement has been referred to as NAFTA 2.0[5][7][7] or «New ALEFTA[8][9],[9] since many nafta provisions have been introduced and its amendments have been found to be largely incremental. On 1 July 2020, the USMCA came into force in all Member States.

At a congressional hearing on June 17, Robert E. Lighthizer, the U.S. Trade Representative, said he insisted that the agreement take effect on July 1, even during a pandemic, so that the new rules could be enforced. To show how painful the new trade agreement could be, Lighthizer said the U.S. has addressed a number of issues «that are quite troubling.» WASHINGTON (AP) – When President Donald Trump signed a revised trade agreement with Mexico and Canada on Wednesday, he kept a campaign promise to improve a deal he had long condemned. On Tuesday, Democrats said they had agreed with the White House on new provisions and planned to support the deal in a vote. Under the leadership of President Donald J. Trump, the United States renegotiated the North American Free Trade Agreement and replaced it with an updated and balanced agreement that works much better for North America, the U.S.-Mexico-Canada Agreement (USMCA), which came into effect on July 1, 2020. The USMCA is a mutually beneficial benefit to workers, farmers, farmers and businesses in North America. The agreement creates more balanced and reciprocal trade that supports high-paying jobs for Americans and cultivates the North American economy. As Trump can claim loans for an economic recovery provided by the USMCA, economists have said it is more of a White House function to keep most of the existing agreement in place, after first threatening to withdraw from NAFTA without being replaced. On December 19, 2019, the U.S.

House of Representatives passed the USMCA with multiparty support with 385 votes (Democracy 193, Republican 192) to 41 (Democracy 38, Republican 2, Independent 1). [79] On January 16, 2020, the U.S. Senate passed the trade agreement by 89 votes (Democrats 38, Republicans 51) to 10 (Democracy 8, Republican 1, Independent 1)[80] and the bill was forwarded to the White House for the signature of Donald Trump. [81] On January 29, 2020, Trump signed the agreement (Public Law No: 116-113). [82] NAFTA has been formally amended,[83] but not the 1989 Canada-U.S. Free Trade Agreement, which is only «suspended.» [84] [85] On April 3, 2020, Canada informed the United States and Mexico that it had completed its national process of ratifying the agreement. [104] May 30, Robert E.