New USMCA trade pact to go into effect on July 1

New USMCA trade pact to go into effect on July 1

USMCA

New USMCA trade pact to go into effect on July 1

WASHINGTON — U.S. Trade Representative Robert Lighthizer on Friday said he has notified Congress that the new U.S.-Mexico-Canada trade agreement will take effect on July 1, a month later than initially proposed.

In a statement, Lighthizer said both Mexico and Canada had taken measures necessary to comply with their commitments under the U.S.-Mexico-Canada Agreement (USMCA), which replaces the 26-year-old North American Free Trade Agreement (NAFTA)…

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