The Agreement between the United States of America, the United Mexican States, and Canada (USMCA) is a free trade agreement among the United States, Mexico, and Canada, in effect from July 1, 2020. It replaced the North American Free Trade Agreement (NAFTA) implemented in 1994. It is sometimes characterized as "NAFTA 2.0", or "New NAFTA", since it largely maintains or updates the provisions of its predecessor. The USMCA encompasses one of the world's largest free trade zones, with a total population of more than 510 million and an economy of US$30.997 trillion in nominal GDP—nearly 30 percent of the global economy, and the largest of any trade bloc in the world.
The United States–Mexico–Canada Agreement replaces NAFTA.
On July 1, in the year 2020, The United States–Mexico–Canada Agreement replaces NAFTA. This event is recorded as a Historical Events event in the history of July 1, a notable event in this corner of history.
Key Facts
- This event took place on July 1, 2020 (AD era).
- It is categorised as a Historical Events event in recorded history.
- Referenced in 1 Wikipedia article.
- Wikipedia source last updated on 23 June 2026.
On This Date in History
This article draws on content from Wikipedia, available under CC BY-SA 4.0.
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