Why is it in news?
- Canada and the U.S. reached a deadline deal on a new free trade pact that will include Mexico, after more than a year of talks to revamp a pact President Donald Trump had labelled a disaster.
More in news
- The U.S.-Mexico-Canada Agreement (USMCA) updates and replaces the nearly 25-year-old North American Free Trade Agreement (NAFTA), which Trump had threatened to cancel.
Source
The Hindu