Under the leadership of President Donald J. Trump renegotiated the North American Free Trade Agreement and replaced it with an updated and rebalanced agreement that works much better for North America, the Agreement between the United States, Mexico and Canada (USMCA), which entered into force on July 1, 2020. Since the introduction of NAFTA, the United States, Mexico and Canada have developed deep economic relations and an integrated manufacturing platform. Given these ties, the negotiations between the United States and Europe on the world`s largest free trade area are certainly of fundamental importance to each of the countries of North America. . . .
