Goodbye Nafta, Hello USMCA, Trump's "Wonderful New Trade Deal"

Zero Hedge -

Zero Hedge—Out with the old, in with the new... Just hours before the end-of-month deadline, US trade rep Robert Lighthizer and Canadian Foreign Affairs Minister Chrystia Freeland announced last night that Canada and the US had successfully agreed on a sweeping revision of the Nafta trade accord (an agreement that had been reached with Mexico's outgoing PRI government weeks ago), maneuvering the final leg of the new trilateral deal, which will henceforth be known as the US-Mexico-Canada Agreement, or...

Donald Trump ends bitter dispute with a 'wonderful new trade deal'. Donald Trump has agreed to the United States-Mexico-Canada Agreement (USMCA) – the replacement for Nafta –  ending months of bitter dispute between the world’s largest economy and its closest neighbours. The agreement ends the simmering trade standoff over Nafta started by Trump, who had labelled the 1994 agreement the 'worst trade deal ever made' as part of his pitch to become president. Trump hails 'wonderful new trade deal' with Mexico and Canada Continue reading...