USMCA vs NAFTA Assignment
Business Finance
The North American Free Trade Agreement (NAFTA), the 1994 pact that governs more than $1.2 trillion worth of trade among the United States, Canada and Mexico, has been updated on September 30, 2018. The three countries have agreed to replace it with a new plan, the United States – Mexico – Canada Agreement (USMCA) that changes multiple industries. USMCA will take effect on January 1, 2020, provided that it is ratified by the legislatures of the three countries.
Please read the uploaded articles about USMCA on Blackboard. In your view, who would be the winners and who would be the losers from the new agreement? Please focus on specific U.S. businesses of your choice that, in your view, would be disadvantaged by the new USMCA regulations. What changes in their strategies can you propose?
Length: Up to a page, single space.
