White House Announces United States Mexico Canada Agreement

The White House announced the United States Mexico Canada Agreement (USMCA), a trade deal to replace the North American Free Trade Agreement (NAFTA). The deal represents the fulfillment of a major campaign promise made by Donald Trump to revampe, who became the first Republican presidential candidate to win Blue Wall Rust Belt states on.

Late last night, our deadline, we reached a wonderful new Trade Deal with Canada, to be added into the deal already reached with Mexico. The new name will be The United States Mexico Canada Agreement, or USMCA. It is a great deal for all three countries, solves the many……

…deficiencies and mistakes in NAFTA, greatly opens markets to our Farmers and Manufacturers, reduces Trade Barriers to the U.S. and will bring all three Great Nations together in competition with the rest of the world. The USMCA is a historic transaction!

The deal with remove barriers to automobiles produced in the U.S. and American farmers will have access to Canadian markets, notably diary.

U.S. Trade Representative Robert Lighthizer and Canadian Foreign Affairs Minister Chrystia Freeland released a joint statement thanking Mexican Economy Secretary Ildefonso Guajardo for “his close collaboration over the past 13 months.”

“Today, Canada and the United States reached an agreement, alongside Mexico, on a new, modernized trade agreement for the 21st Century: the United States-Mexico-Canada Agreement (USMCA),” the joint statement read. “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.”

UPDATE: President Trump announced on Twitter that there will be a news conference at 11:00 AM EST in the Rose Garden at the White House.