President Trump Signs USMCA

January 30, 2020

President Trump signed the USMCA trade agreement, a deal reached among the United States, Mexico and Canada, at a White House ceremony on the South Lawn.

The USMCA replaces NAFTA, although the deal still needs formal approval by Canada.

AAEI and many of its member companies joined the call to action in the long push for passage of the USMCA in Congress. AAEI is a member of the USMCA Coalition.

The Trump Administration says that USMCA will expand economic growth up to a half a percentage point of gross domestic product each year.