USMCA and Cross-Border Business: NAFTA 2.0

24 October 2018

Commonly dubbed NAFTA 2.0, Canada's new trade agreement with the United States and Mexico, the United States-Mexico-Canada Agreement, USMCA, was signed literally hours before the deadline on September 30, 2018. Expected to be ratified by each country by late November, initially little was know about the agreement. During the past few weeks, details have continued to emerge on the trade agreement. Here are some highlights of USMCA as they pertain to cross-border business. 

Highlights of USMCA 

Note: Points 1 - 3 most significantly impact immigration law. 

USMCA proposes a 16-year agreement, renewable following a six-year review. 

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