The new U.S.-Mexico-Canada Agreement (USMCA) modernizes NAFTA and recognizes the importance of our critical North American trading partners and supply chains.
On January 29, 2020, President Trump signed the United States-Mexico-Canada Agreement (USMCA) Implementation Act into law. USMCA modernizes our trade rules, fosters U.S. growth in the digital economy and ensures the continued success of the North American marketplace.
The retail industry, which supports one in four American jobs and contributes $2.6 trillion to annual GDP, imports $182 billion worth of products from Canada and Mexico each year. Trade between the three countries also supports 12 million American jobs in every state across the United States. Thank you to President Trump and Congress for working together in a bipartisan manner to pass this critical trade deal.
