Last-ditch talks failed to avert U.S. Section 338 tariffs of 50% on imports from USMCA partner Canada, which took effect August 21. Prime Minister Mark Carney has called the dispute a trade war and retaliated. Descartes Datamyne trade data tracks the flow of goods...
United States-Mexico-Canada Agreement The USMCA agreement came into effect on July 1st 2020, replacing the North American Free Trade Agreement (NAFTA), which had been in place since 1994. The aim of the new accord was to modernize trade policy among the U.S., Mexico...
Approved by Congress and signed by President Trump on January 29, the U.S.-Mexico-Canada Agreement is one big step closer to entering into force. Mexico was first to ratify the trade pact on June 19, 2019. Canada’s House of Commons will be taking up the USMCA this...
