The White House has completed negotiations on the United States-Mexico-Canada Agreement, a modernized version of NAFTA, the 24-year-old free trade agreement that has transformed the American economy.
USMCA updates NAFTA framework for the 21st Century, installing new rules for digital trade, intellectual property, and other crucial areas of the continental economy. USMCA is also an exercise in restraint; it doesn't touch parts of NAFTA that are working -- especially trade provisions powering America's energy renaissance.