By: Frank McGuigan, CEO, Transplace On July 1, 2020, the new USMCA trade treaty between the United States, Mexico, and Canada will replace the current NAFTA treaty. The new agreement updates the 1993 North American Free Trade Agreement (NAFTA) and is the result of more than a year of negotiations between the three countries. Goods…
Tag: free trade
By: Troy Ryley, Senior Vice President, Mexico, Transplace *Note: A version of this article previously appeared in the Adam Smith Project, a new initiative on trade from the publishers of American Shipper. The North American Free Trade Agreement (NAFTA) and its effect on the United States has been a much-talked-about topic recently, and there exists a desire…