How the USMCA trade deal affects Mexico’s economy

World Today

 

The new era of North American free trade, under the renegotiated USMCA deal by the Trump administration, is now more than a year old.

The signing of the three-country trade pact last year was cause for celebration in Mexico. And after more than a year of free trade and the economic damage from the coronavirus pandemic, the agreement has been a lifeline for this country’s economy.