Credits of the Subject “United States-Mexico-Canada
Agreement”: 1
United States-Mexico-Canada Agreement (USMCA/NAFTA
2.0).
In 1994 was created the United States-Mexico-Canada Agreement (USMCA/NAFTA 2.0), a regional trade bloc formed by
Mexico, Canada, and the United States (America).
In 2020, the North American Free Trade Agreement (NAFTA) was replaced by the U.S.-Mexico-Canada Agreement (USMCA/NAFTA 2.0).
The United States-Mexico-Canada Agreement eliminates all the import tariffs (15 year period);
Under the United States-Mexico-Canada Agreement (USMCA/NAFTA 2.0), all
Technical Barriers to Trade (TBT) to agricultural trade between the U.S. and Mexico were eliminated;
The United States-Mexico-Canada Agreement is one of the largest free trade areas in the World (444 million people);
Under the United States-Mexico-Canada Agreement (USMCA/NAFTA 2.0), Foreign Trade in goods between the U.S., Canada, and Mexico has tripled (946 billion dollars);
International Trade in goods between the U.S.MCA/NAFTA 2.0 members - the U.S., Canada, and Mexico-: 2.6 billion dollars each day (108 million each hour).
The three USMCA/NAFTA 2.0 countries (Mexico, Canada, and the U.S.) are mostly
Christian countries.