The Trump administration’s unapologetic disparagement of the North American Free Trade Agreement (NAFTA) has resulted in a replacement agreement, announced October 1, with the governments of Canada and Mexico.
Now that NAFTA is called the United States-Mexico-Canada Agreement (USMCA), how has it changed besides in name?
The USMCA will implement four measures affecting automakers, (which we address in more detail in our white paper “U.S. & China: Tariff Impact Report”).
