The United States, Mexico, Canada Trade Agreement, or USMCA, would replace the North American Free Trade Agreement (NAFTA), a regional pact in place since 1994 that encompasses $1.2 trillion in annual trade across the continent.
Mexico's President Andres Manuel Lopez Obrador, Canadian Deputy Prime Minister Chrystia Freeland and U.S. Trade Representative Robert Lighthizer pose next to other representatives during a meeting at the Presidential Palace, in Mexico City, Mexico December 10, 2019(photo credit: REUTERS/CARLOS JASSO)ByREUTERS
