New North American Trade Pact Signed
1,675 views · Published 30 November 2018 · 1:58 · Indexed 14 October 2026
Channel: Voice of America · 2018 · News & Politics
The leaders of the United States, Mexico and Canada have signed a new North American trade deal, underpinning $1.2 trillion in annual commerce among the three countries. President Trump is calling the signing of the U.S.-Mexico-Canada Agreement (USMCA), following 15 months of frequently acrimonious negotiations, a "very historic day" for a "truly groundbreaking achievement." The pact will lock in U.S. market access to Canada and Mexico, expand American exports and includes new measures to ensure fair competition, explained Trump as he stood alongside Canadian Prime Minister Justin Trudeau and Mexican President Enrique Pena Nieto. "The autoworkers are a tremendous beneficiary," said Trump, adding that the USMCA will help stop automotive jobs from going overseas, and he predicted many such jobs will return to the United States. The agreement’s intellectual property protection will be “the envy of nations all around the world,” said Trump at the signing on the sidelines of the G-20 leaders’ summit in Buenos Aires on Friday morning. https://www.voanews.com/a/canada-mexico-us-sign-trade-deal/4681071.html
