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To facilitate greater cross-border trade, the United States has reached an agreement with Mexico and Canada to raise its de minimis shipment value levels. Canada will raise its de minimis level for the first time in decades, from C$20 (US$16) to C$40 (US$32) for taxes.
The United States-Mexico-Canada Agreement (USMCA) On July 1, 2020, the United States, Mexico, and Canada updated NAFTA to create the new USMCA. The USMCA is mutually beneficial for North American workers, farmers, ranchers, and businesses.
The United States-Mexico-Canada Agreement (USMCA) entered into force on July 1, 2020. The USMCA, which substituted the North America Free Trade Agreement (NAFTA) is a mutually beneficial win for North American workers, farmers, ranchers, and businesses.
United States-Mexico-Canada Agreement. USMCA - A 21st century, high standard trade agreement: supporting mutually beneficial trade resulting in freer markets, fairer trade, and robust economic growth in North America. The United States, Mexico, and Canada updated NAFTA to create the new USMCA.
The U.S. – Mexico – Canada Agreement (USMCA) is a trade agreement between the three named countries. When implemented, it will replace the North American Free Trade Agreement (NAFTA).
Canada, the United States, and Mexico created the largest free trade region in the world, generating economic growth and helping to raise the standard of living for the people of all three member countries. Also known as USMCA in the United States.
The United States-Mexico-Canada Agreement (USMCA) is a comprehensive economic and trade agreement that modifies the free-trade area that the North American Free Trade Agreement (NAFTA) originally established in 1994. The entry-into-force date for USMCA is July 1, 2020.
