United States–Mexico–Canada Agreement
Free trade agreement
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March 4 2025 | 25% tariffs went into effect, with Canada and Mexico accusing the United States of violating the USMCA. |
February 24 2025 | During his second term, Trump reversed his previous stance, criticizing the USMCA and claiming that Mexico and Canada had taken advantage of the United States in manufacturing. |
February 4 2025 | Tariffs were paused for 30 days after Canada and Mexico agreed to increase border security measures and enter negotiations. |
February 1 2025 | President Trump imposed an additional 25% tariff on imports from Canada and Mexico at the start of his second non-consecutive term, citing an 'extraordinary threat posed by illegal aliens and drugs'. |
July 1 2020 | The USMCA came into effect after all three governments notified readiness for domestic implementation. |
June 2020 | Nikkei Asian Review reports that Japanese auto companies are choosing to increase Mexican worker pay to avoid automotive parts tariffs, rather than moving production to the US. |
June 1 2020 | USTR released 'Uniform Regulations' to interpret USMCA chapters, preparing for the agreement's domestic effect. |
April 24 2020 | Lighthizer gave official notice to Congress that the new trade deal would come into force on July 1, 2020. |
April 3 2020 | Canada notified the United States and Mexico that it had completed its domestic ratification process of the CUSMA agreement. |
April 3 2020 | Mexico announced its readiness to implement the USMCA agreement, joining Canada, while requesting additional time for its automotive industry to comply with the treaty's requirements. |
March 13 2020 | The House of Commons passed bill C-4 to implement CUSMA before suspending itself due to the COVID-19 pandemic. The bill was approved without a recorded vote, and the Senate subsequently passed all readings. Governor General Julie Payette granted royal assent, completing Canada's ratification. |
March 13 2020 | Canada became the last country to ratify the USMCA. |
February 27 2020 | The Standing Committee on International Trade voted to send the CUSMA bill to the full House for third reading, without amendments. |
February 6 2020 | Bill C-4 passed second reading in the House of Commons with a vote of 275 to 28, with the Bloc Québécois voting against and all other parties voting in favor. |
January 30 2020 | President Trump praised the USMCA, calling it 'the fairest, most balanced, and beneficial trade agreement we have ever signed into law'. |
January 29 2020 | Deputy Prime Minister Chrystia Freeland introduced CUSMA implementation bill C-4 in the House of Commons, which passed its first reading without a recorded vote. |
January 29 2020 | President Trump signed the USMCA into law (Public Law No: 116–113). |
January 16 2020 | The U.S. Senate passed the trade agreement with a vote of 89 to 10 and forwarded the bill to the White House. |
December 2019 | Thea M. Lee and Robert E. Scott from the Economic Policy Institute criticize the USMCA as having 'virtually no measurable impacts on wages or incomes for U.S. workers'. |
December 19 2019 | The U.S. House of Representatives passed USMCA with bipartisan support, voting 385 to 41. |
December 12 2019 | The Mexican Senate completed the USMCA treaty ratification process by passing the treaty on its second and final reading with a vote of 107–1. |
December 10 2019 | A revised CUSMA agreement was reached by the three countries (United States, Mexico, and Canada). |
December 10 2019 | A revised USMCA was formally signed by Canadian Deputy Prime Minister Chrystia Freeland, U.S. Trade Representative Robert Lightizer, and Mexican Undersecretary for North America Jesus Seade after resolving previous disputes. |
December 10 2019 | A revised version of the USMCA was signed after additional consultations. |
December 9 2019 | Negotiators reached an enforcement agreement, with Mexico agreeing to a minimum wage of US$16/hour for automotive workers, paving the way for final ratification. |
December 5 2019 | The 43rd Canadian Parliament began, requiring re-introduction of the CUSMA implementation bill. |
September 25 2019 | President Trump warned that the impeachment inquiry could derail congressional approval of USMCA. |
September 11 2019 | Governor General Julie Payette dissolved the 42nd Canadian Parliament and issued writs for the 2019 Canadian federal election, causing the CUSMA implementation bill to be scrapped. |
June 2019 | Larry Kudlow, Trump's top economic advisor, makes unsupported claims about the potential economic benefits of the USMCA, overstating projections for jobs and GDP growth. |
June 20 2019 | The CUSMA implementation bill passed second reading in the House of Commons and was referred to the Standing Committee on International Trade. |
June 19 2019 | The Senate of Mexico passed the USMCA treaty's ratification bill on its first reading with a decisive vote of 114–4, with three abstentions. |
May 30 2019 | USTR Lighthizer submitted a draft statement on administrative measures for USMCA implementation to Congress. |
May 29 2019 | Prime Minister Justin Trudeau introduced the CUSMA implementation bill in the House of Commons of Canada. |
April 2019 | International Trade Commission releases an analysis estimating the USMCA would increase U.S. real GDP by 0.35% and total employment by 0.12% (176,000 jobs) when fully implemented. |
March 2019 | International Monetary Fund (IMF) issues a working paper analyzing the USMCA, projecting negligible economic effects and potential adverse impacts on automotive, textiles, and apparel sectors. |
March 1 2019 | U.S. agricultural sector organizations announced support for USMCA and urged Congress to ratify the agreement. |
2018 | The Trump administration's Office of the U.S. Trade Representative released a fact sheet highlighting new digital trade measures, strengthened protection for trade secrets, and automobile rules-of-origin adjustments as benefits of the proposed USMCA trade agreement. |
2018 | Jim Balsillie, former chair of Research In Motion, criticized the USMCA's data and IP provisions, describing Canadian politicians' approach as a 'colonial supplicant attitude'. |
2018 | The National Research Council of Canada published a report expressing concerns that domestic firms could become 'data cows' of foreign big data under the USMCA provisions. |
December 2018 | Mexican President Andrés Manuel López Obrador's administration introduced legislation to improve labor union collective bargaining capabilities, aiming to comply with International Labour Organization's Convention 98 standards. |
December 2 2018 | President Trump announced the start of a six-month process to withdraw from NAFTA, urging Congress to either ratify USMCA or revert to pre-NAFTA trading rules. |
November 30 2018 | The United States, Mexico, and Canada signed the United States–Mexico–Canada Agreement (USMCA), replacing the North American Free Trade Agreement (NAFTA). |
November 27 2018 | The Mexican government announced it would award Jared Kushner the Order of the Aztec Eagle, Mexico's highest civilian honor, in recognition of his role in negotiating the USMCA trade agreement. |
November 6 2018 | U.S. midterm elections raised speculation about potential interference with USMCA passage due to increased Democratic power in the House of Representatives. |
October 1 2018 | USMCA text was published as an agreed-to document. |
October 1 2018 | All sides reached a formal agreement for the United States-Mexico-Canada Agreement (USMCA). |
September 30 2018 | Negotiators completed the agreement text just before midnight, meeting the deadline for providing the agreed text before Mexico's presidential transition. |
August 27 2018 | Preliminary deal reached with Mexico, though Canada had not yet agreed. |
May 11 2018 | House Speaker Paul Ryan set May 17 as a deadline for Congressional action on the trade agreement. |
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