After over a year of negotiations, a trade agreement has finally been reached between Canada, Mexico and the United States.
It will now be known as the United States-Mexico-Canada-Agreement, or USMCA.
Canada’s Minister of Foreign Affairs Chrystia Freeland tweeted overnight that the new modernized agreement will give workers, farmers, ranchers and businesses a high standard trade agreement that will result in freer markets, fairer trade and robust economic growth.
She added that is will strengthen the middle class, and create good, well-paying jobs and new opportunities for the nearly half billion people in North America.
Prime Minister Justin Trudeau is expected to reveal more details of the deal later today.
Various media reports indicate some details include Canada allowing the Americans greater access to our dairy industry, while the US may ease tariffs on the auto sector.