Para Agreement 2020

Trump, the United States renegotiated the North American Free Trade Agreement and replaced it with an updated and rebalanced agreement that works much better for North America, the Agreement between the United States, Mexico and Canada (USMCA), which entered into force on July 1, 2020. The USMCA is a beneficial asset for both parties for North American workers, farmers, ranchers and businesses. The agreement creates more balanced and reciprocal trade, which supports high-paying jobs for Americans and the North American economy is growing. The most important changes compared to the last update of 25.11.2020 are indicated on the first page. On 21 July 2020, EU Heads of State and Government reached a historic agreement on the package. .

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