On April 24, the United States notified Canada of the completion of its domestic process for the Canada-United States-Mexico Agreement (CUSMA).
On the same day, USTR sent written notice to Congress informing its members that Canada and Mexico have taken measures necessary to comply with their commitments under CUSMA, and that the Agreement will enter into force on July 1, 2020.
The USMCA’s entry into force marks the beginning of a historic new chapter for North American trade by supporting more balanced, reciprocal trade, leading to freer markets, fairer trade, and robust economic growth in North America. The Agreement contains significant improvements and modernized approaches to rules of origin, agricultural market access, intellectual property, digital trade, financial services, labor, and numerous other sectors. These enhancements will deliver more jobs, provide stronger labor protections, and expand market access, creating new opportunities for American workers, farmers, and ranchers.
USTR’s press release is available at https://ustr.gov/about-us/policy-offices/press-office/press-releases/2020/april/usmca-enter-force-july-1-after-united-states-takes-final-procedural-steps-implementation.
