The United States And Canada Reach Agreement On A “New NAFTA” -

As we reported previously, on August 27, 2018, Mexico and the United States announced that they had reached a preliminary agreement to replace the North American Free Trade Agreement (“NAFTA”). On August 31, 2018, President Trump notified Congress of his “intent to sign a trade agreement with Mexico – and Canada, if it is willing – 90 days from now.”

With the finalization of the agreement with Mexico, the United States and Canada continued to negotiate the terms of Canada’s possible inclusion in the free trade agreement. Until late Sunday, September 30, 2018, the two countries had failed to reach an agreement. On that date, however, the United States and Canada announced that they reached an agreement under which Canada would join the new Free Trade Agreement.