Canada and US Reach Trade Deal to Replace NAFTA

  • U.S. and Canada have agreed to a deal deemed the USMCA – United States-Mexico-Canada Agreement, according to a senior U.S. administration official.

  • U.S. Trade Representative Robert Lighthizer and Canadian Foreign Affairs Minister Chrystia Freeland said the agreement "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."

  • The plan is for the leaders of the three North American countries to sign before the end of November, after which it would be submitted to Congress.

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