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The Agreement between the United States of America, Mexico, and Canada (USMCA) [1] [Note 1] is a free trade agreement among the United States, Mexico, and Canada.It replaced the North American Free Trade Agreement (NAFTA) implemented in 1994, [2] [3] [4] and is sometimes characterized as "NAFTA 2.0", [5] [6] [7] or "New NAFTA", [8] [9] since it largely maintains or updates the provisions of ...
Recently, Mexico became America's No. 1 exporter, shipping around $475 billion in goods to the U.S. in 2023. Cars and components for cars are the top category of goods coming from Mexico.
Trump's proposal appears to violate the United States-Mexico-Canada Agreement, or USMCA, the trade pact between the three countries that allows for duty-free trade. Trump signed the deal into law ...
Trump says he will sign an executive order imposing a 25% tariff on all goods coming from Mexico and Canada and a 10% tariff on those from China.
Mexico's finance ministry said of Trump's tariff pledge: "Mexico is the United States' top trade partner, and the USMCA provides a framework of certainty for national and international investors."
President-elect Donald Trump’s frequent calls for new tariffs on foreign goods may have overshadowed another massive trade-related pledge he made about a month before the November election ...
President-elect Donald Trump announced Monday he plans to impose a 25% tariff on all products coming into the U.S. from Mexico and Canada as one of his first acts back in the White House. On the ...
The US president-elect said he would sign an executive order imposing a 25% tariff on all goods coming from Mexico and Canada, after being inaugurated on 20 January 2025.