President Trump Signs USMCA

Posted by Kelsay Calvaruso on 1/29/20 5:00 PM

On January 29, 2020, U.S. President Trump signed the United States-Mexico-Canada Agreement (USMCA).  USMCA has been ratified in both the U.S. and in Mexico, but the agreement will not take effect until Canada has also ratified it.

The agreement contains labor and environmental standards and addresses the digital economy, subsidies, and currency manipulation.  It also includes a sunset provision to allow for a joint review after six years.

The statement from the White House can be found here:

https://www.whitehouse.gov/briefings-statements/president-donald-j-trumps-united-states-mexico-canada-agreement-delivers-historic-win-american-workers/

The press release from the Office of the U.S. Trade Representative can be found here:

https://ustr.gov/about-us/policy-offices/press-office/press-releases/2020/january/ambassador-lighthizer-delivers-remarks-usmca-signing

The text of the agreement can be found here:

https://ustr.gov/trade-agreements/free-trade-agreements/united-states-mexico-canada-agreement/agreement-between

Topics: USTR, Canada, Mexico, USMCA

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