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United States and Canada reach an agreement to replace NAFTA

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Sunday, September 30, 2018

NAFTA Replaced

The prime Minster of Canada, Justin Trudeau and President Donald Trump have reached an agreement that in the opinion of the U.S administration is easier to enforce.The New York Times reported that Ahead of the midnight deadline set by the White House, President Trump has approved changes that gave a face-lift to the 1993 NAFTA deal, bringing Canada on board after Mexico had already agreed in August. Moreover, the two countries agreed that Canada will not suffer from automobile tariffs imposed by the U.S.

Details from the agreement

The agreement includes a quota on automobile shipments to the U.S. and a greater level of access to Canada's dairy market.
A senior administration official, who asked not to be named, tells the Washington Post that the deal includes better protection for labor rights, the environment and intellectual property than trade deals made under the Obama administration.

The New York Times reports that Canadian Prime Minister Justin Trudeau attended a Cabinet meeting at 10 p.m. in Ottawa to discuss the details of the deal, known as the United States-Mexico-Canada Agreement (USMCA) with senior White House adviser Jared Kushner and Robert E. Lighthizer, the presidents top negotiator.

Mexico is on board too

Juan Carlos Baker, Mexico's undersecretary of foreign trade, is expected to present the details of the agreement to the Mexican senate, according to the Times.

The prime Minster of Canada, Justin Trudeau and President Donald Trump have reached an agreement that in the opinion of the U.S administration is easier to enforce.The New York Times reported that Ahead of the midnight deadline set by the White House, President Trump has approved changes that gave a face-lift to the 1993 NAFTA deal, bringing Canada on board after Mexico had already agreed in August.

Moreover, the two countries agreed that Canada will not suffer from automobile tariffs imposed by the U.S.
The agreement includes a quota on automobile shipments to the U.S. and a greater level of access to Canada's dairy market.

Official opinions of the deal

A senior administration official, who asked not to be named, tells the Washington Post that the deal includes better protection for labor rights, the environment and intellectual property than trade deals made under the Obama administration.

The New York Times reports that Canadian Prime Minister Justin Trudeau attended a Cabinet meeting at 10 p.m. in Ottawa to discuss the details of the deal, known as the United States-Mexico-Canada Agreement (USMCA) with senior White House adviser Jared Kushner and Robert E. Lighthizer, the presidents top negotiator.

Juan Carlos Baker, Mexico's undersecretary of foreign trade, is expected to present the details of the agreement to the Mexican senate, according to the Times.

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