U.S., Mexico, Canada Reach New Trade Deal Known As United States-Mexico-Canada Agreement

By  //  October 1, 2018

President Trump holds news conference 11 a.m. in Rose Garden

ABOVE VIDEO: Canada agrees to new trade deal with US, Mexico

(FOX BUSINESS) – The United States and Canada confirmed Sunday they had reached a deal on a “new, modernized trade agreement,” which is designed to replace the 1994 NAFTA pact.

In a joint statement the two nations said the new deal would be called the United States-Mexico-Canada Agreement (USMCA).

Canadian Prime Minister Justin Trudeau said following a cabinet meeting, “It’s a good day for Canada.”

Trudeau plans to address the media on the deal on Monday.

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