Trump Dollar

Canada and the United States broke down barriers yesterday. President Trump announced Canada would be joining Mexico and the United States in a trade agreement, known as the ”United States-Mexico-Canada Agreement”.

USMCA will replace NAFTA.

In addition, many public figures labeled the trade agreement the ‘most inclusive international trade deal’. 

Notably, USMCA supports indigenous people with duty-free, cross-border trading. This includes indigenous clothing and arts. The Ottawa pushed for this major win for indigenous people. In light of the fact that indigenous people were not mentioned in NAFTA at all, their inclusion in the trade deal was a long shot. Six Iroquois nations along the US-Canada border benefit directly from this.

Also, the trade deal supports manufacturing, farmers, digital business, and the auto industry.

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