The United States, Mexico and Canada have reached an agreement for the good of U.S. farmers, ranchers and agricultural companies. While agriculture has generally developed well under NAFTA, significant improvements to the agreement will allow food and agriculture to trade more equitably and increase exports of U.S. agricultural products. The agreement is designated differently by each signatory – in the United States, it is called the U.S.-Mexico-Canada Agreement (USMCA);   in Canada, it is officially known as the Canada-U.S.-Mexico Agreement (CUSMA) in English and the Canada-U.S.-Mexico Agreement (ACEUM) in French;  and in Mexico, tratado is called tratado between México, Estados Unidos y Canadé (T-MEC).   The agreement is sometimes referred to as “New NAFTA” with respect to the previous trilateral agreement for the successor, the North American Free Trade Agreement (NAFTA). Under the agreement, Canada agreed to provide increased access to its dairy market and obtained several concessions in exchange. The USMCA will retain Chapter 19, which Canada relies on to protect it from U.S. trade assistance.
It has also avoided a proposed five-year expiration clause, but uses a 16-year delay with a review after six years. The negotiations focused “primarily on car exports, tariffs on steel and aluminum, as well as the milk, egg and poultry markets.” A provision “prevents any party from enacting laws that restrict the cross-border flow of data.”  Compared to NAFTA, the USMCA increases environmental and labour standards and encourages domestic production of cars and trucks.  The agreement also provides up-to-date intellectual property protection, gives the U.S. more access to the Canadian milk market, imposes a quota for Canadian and Mexican auto production, and increases the customs limit for Canadians who purchase U.S. products online from $20 to $150.  The full list of differences between USMCA and ALEFTA is listed on the Website of the United States Trade Representative (USTR).  On this occasion, Us Customs and Border Protection (CBP), the U.S. contract implementation authority, established the USMCA Center to coordinate CBP`s implementation of the contract in the United States.
According to CBP, the agreement modernizes “certain NAFTA provisions that reflect the evolution of 21st century technology and supply chain” and “provides more efficient trade, greater implementation and more economic opportunities for North America.” The USMCA calls for “new approaches to rules of origin, access to agricultural markets, digital trade and financial services” and aims to protect workers` rights in key industries and strengthen the protection of intellectual property rights. During the 2016 presidential campaign, Donald Trump promised to renegotiate NAFTA, calling it “the worst trade deal ever.” As president, he did. The result is the USMCA, which signed Trump in January and was part of his achievements in his State of the Union address.