The U.S. Senate approved, by a vote of 89-10 on January 16, legislation to implement the new USMCA (USA-Mexico-Canada) Trade Agreement updating the current NAFTA.
It will now go to President Donald Trump for his signature, which is expected next week. The deal is expected to be ratified by Canada at the end of January, when Parliament is back in session, and will likely not take effect until mid-2020 at the earliest.
For more information, please call Brian Rowe, Director – Customs Compliance & Regulatory Affairs at (905) 882-4880, ext. 1213.
