USMCA to Enter Into Force July 1
U.S. Trade Representative Robert Lighthizer has notified Congress that Canada and Mexico have taken measures necessary to comply with their commitments under the U.S.–Mexico–Canada Agreement (USMCA), and that the agreement will enter into force on July 1.
Following that notification to Congress, the U.S. became the third country to notify the other parties that it had completed its domestic procedures to implement the agreement – the final step necessary for the USMCA to enter into force.
The agreement contains improvements and modernized approaches to rules of origin, agricultural market access, intellectual property, digital trade, financial services, labor, and numerous other sectors.
“The crisis and recovery from the COVID-19 pandemic demonstrates that now, more than ever, the U.S. should strive to increase manufacturing capacity and investment in North America,” said Lighthizer. “The USMCA’s entry into force is a landmark achievement in that effort. Under President Trump’s leadership, USTR will continue working to ensure a smooth implementation of the USMCA so that American workers and businesses can enjoy the benefits of the new agreement.”