USMCA
About the USMCA
Renegotiated NAFTA, 75 percent North American content for autos tariff free, 40 to 45 percent high wage labor, labor value rules Mexican union reforms, US dairy access to Canada, digital trade chapter, 16 year sunset review. Passed with rare bipartisan support 2020. First major trade deal with enforceable labor provisions, cited as model. The 2026 joint review, scheduled from the beginning, now looms as renegotiation moment.
Related Treaties
NAFTA
1994Created the largest free trade area, abolishing tariffs over 15 years, supply chains integrated, auto, agriculture. Ross Perot...
GATT
1947The General Agreement on Tariffs and Trade, interim, the ITO never ratified by US Senate, became the de facto world trade...
Hay-Bunau-Varilla Treaty
1903Fifteen days after Panama independence, engineered by US warship presence, Bunau Varilla, a French engineer Panama had not even...
Alaska Purchase
1867Secretary of State William Seward bought Alaska for 7.2 million dollars, about 2 cents per acre. Ridiculed as Sewards Folly and...