Canada agrees to new trilateral trade deal with U.S. and Mexico

OTTAWA - Canada has reached a new trilateral trade agreement with the United States and Mexico, after nearly 14 months of NAFTA renegotiations. The new deal is called the United States-Mexico-Canada Agreement, or USMCA for short, according to a joint statement from Foreign Affairs Minister Chrystia Freeland and U.S. Trade Representative Robert Lighthizer that was issued late Sunday night. "USMCA will give our workers, farmers, ranchers, and businesses a high-standard trade agreement that will result in freer markets, fairer trade and robust economic growth in our region. It will strengthen the middle class, and create good, well-paying jobs and new opportunities for the nearly half billion people who call North America home".

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