President Trump on Wednesday signed the U.S.-Mexico-Canada Agreement, a trade deal meant to replace the North American Free Trade Agreement.
The USMCA updates certain aspects of NAFTA in light of technological advances made over the past two decades. The new agreement sets parameters for the free exchange of information among North American countries.
Both the Senate and House passed the USMCA by wide margins with bipartisan support. U.S. Trade Representative Robert Lighthizer called the agreement a “bipartisan success,” and said he was “grateful to the leadership of the House” and Democratic and Republican lawmakers for their work.
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