-->

mo4ch:>New NAFTA: US inks trade agreement with Canada and Mexico at G20 summit | Mo4ch News

A new trilateral trade deal was sealed on Friday by US President Donald Trump, Canada’s Prime Minister Justin Trudeau and Mexico’s President Enrique Pena Nieto. It replaces the North American Free Trade Agreement (NAFTA).The signing ceremony took place on the sidelines of the G20 summit in Buenos Aires. According to Trump, all sides will benefit from the United States-Mexico-Canada Agreement or USMCA which he said “is probably the largest trade deal ever made.”The USMCA emerged in early October, months after Trump hit Mexico and Canada with tariffs on their steel and aluminum products. Canada’s Trudeau called USMCA “the new North American Free Trade Agreement.” He said that it “lifts the risk of serious economic uncertainty that lingers throughout a trade renegotiation process — uncertainty that would have only gotten worse and more damaging if we had not reached a new NAFTA.”Also on rt.comMexico slaps levies on US pork in response to Trump's steel & aluminum tariffsThere is m…