President Signs NAFTA 2.0, But Awaits Canadian Ratification
On January 29th, the President signed the USMCA free-trade agreement, sometimes known as NAFTA 2.0, which contains an extensive labor component. The original NAFTA agreement was followed by a labor side agreement. The USMCA treaty has now been ratified by Mexico and the United States, but will not go into effect until after it is ratified by Canada. Stay tuned for more on that!