TNPSC Thervupettagam

United States – Mexico - Canada Agreement

December 25 , 2019 1801 days 791 0
  • The House of Representatives of the USA has passed the United States-Mexico-Canada Agreement — the replacement for NAFTA, or the 1994 North American Free Trade Agreement.
  • The new deal includes stronger labor and environmental provisions.
  • It is basically NAFTA 2.0.
  • NAFTA is the initialism for the North American Free Trade Agreement, an agreement signed by Canada, Mexico, and the United States.
  • NAFTA was finalized under Bill Clinton’s presidency with effective from 1994.

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