USMCA trade deal to enter into force on July 1, says USTR

WASHINGTON (Xinhua) – United States Trade Representative (USTR) Robert Lighthizer on Friday notified Congress that the US-Mexico-Canada Agreement (USMCA), which replaces the 26-year-old North American Free Trade Agreement (NAFTA), will enter into force on July 1.

Following the notification to Congress, the United States (US) became the third country to notify the other parties that it had completed its domestic procedures to implement the agreement, the final step necessary for the USMCA to enter into force, according to the USTR’s Office.

“The crisis and recovery from the COVID-19 pandemic demonstrates that now, more than ever, the US should strive to increase manufacturing capacity and investment in North America. The USMCA’s entry into force is a landmark achievement in that effort,” Lighthizer said in a statement. “USTR will continue working to ensure a smooth implementation of the USMCA so that American workers and businesses can enjoy the benefits of the new agreement”.