2020day.year
The United States Senate ratifies the United States–Mexico–Canada Agreement as a replacement for NAFTA.
The U.S. Senate ratifies the United States–Mexico–Canada Agreement, replacing NAFTA.
On January 16, 2020, the U.S. Senate approved ratification of the United States–Mexico–Canada Agreement (USMCA), marking a major update to the 1994 North American Free Trade Agreement (NAFTA). The deal modernizes trade rules in areas such as digital commerce, labor rights, and environmental standards. Its passage follows lengthy negotiations aimed at balancing economic interests across the three North American nations. USMCA is expected to boost cross-border trade, support manufacturing jobs, and strengthen supply chains. The ratification paved the way for Canada’s subsequent approval, leading to the treaty’s entry into force later that year.
United States–Mexico–Canada Agreement
NAFTA