TNPSC Thervupettagam

U.S.A - Mexico- Canada Agreement (USMCA)

October 1 , 2018 2248 days 840 0
  • The United States, Canada and Mexico recently concluded an agreement on a revised trade deal called the USMCA.
  • USMCA will replace the 25-year old North American Free Trade Agreement (NAFTA), which was created in 1994.
  • It gives the U.S greater access to the dairy markets of Canada and Mexico and allows extra imports of Canada cars.
  • It is intended to last 18 years and will be reviewed every 6 years.

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