On January 16, 2020, the U.S. Senate passed the United States-Mexico-Canada Agreement (USMCA) by a vote of 89-10.
In a statement issued by the Office of the U.S. Trade Representative (USTR), USMCA is “the first trade agreement that will result in more manufacturing job.” The agreement contains labor and environmental standards and addresses the digital economy, subsidies, and currency manipulation. The agreement also includes a sunset provision to allow for a joint review after six years.
USTR’s statement can be found here:
The text of the agreement can be found here:
More resources on USTR’s USMCA page can be found here: