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.