Canada and US Agreement on NAFTA (Essay Sample)
The task was about comparing us and canada agreement on trade. The deal with Canada and Mexico satisfies the campaign promise made by President Donald Trump in rewriting NAFTA and avoiding the threat to remove Canada whenever the negotiations fail. The two largest export markets for the United States are Canada and Mexico, and businesses that rely on cross-border commerce may be thrown into disarray if one of them is left out of an agreement.source..
US AND CANADA AGREEMENT ON NAFTA
US AND CANADA AGREEMENT ON NAFTA
The deal with Canada and Mexico satisfies the campaign promise made by President Donald Trump in rewriting NAFTA and avoiding the threat to remove Canada whenever the negotiations fail. According to officials from both nations, the US and Canadian governments have reached an agreement to provide farmers in the US more access to the dairy market from Canada while also addressing worries about future US car tariffs. The revised agreement is now known as the USMCA (United States-Mexico-Canada Agreement). It assists in boosting the middle class by creating decent employment and other possibilities for the almost half-billion residents living in North America.
The Trump administration intends to present the updated agreement to Congress, which will begin a 60-day review process before Trump signs it. During that period, Congress might propose amendments. Several MPs had warned ahead of the weekend negotiations that they would not accept an agreement without Canada. The Trump administration attempted to finalize a new trade agreement with Mexico before President Enrique Pea Nieto departed office on December 1. In August, Mexico and the US reached an agreement on car manufacturing, but Canada still had numerous difficulties. Trump desires to open Canada's dairy market to farmers in America, while Canada wishes to keep its present dispute-resolution mechanism in place. Vehicles, machinery, and agricultural goods are among the many commodities traded bet
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