U.S.-Mexico-Canada Agreement Enters Into Force
On July 1, the U.S.-Mexico-Canada Agreement entered into force, officially replacing the North American Free Trade Agreement. USMCA is the first trade agreement ever to include a full chapter dedicated to small business interests. The modernization of trade with Mexico and Canada under USMCA is designed to benefit U.S. small businesses. It will also ensure more balanced trade. U.S. companies with fewer than 500 employees comprise 65 to 70 percent…