The document discusses the United States-Mexico-Canada Agreement (USMCA) which replaced the North American Free Trade Agreement (NAFTA). Key points: - USMCA aims to support mutually beneficial trade between the US, Canada, and Mexico through freer markets, fairer trade practices, and economic growth in North America. - It includes increased environmental and labor regulations, quotas for Canadian and Mexican automotive production to incentivize more US auto production, more access to Canada's dairy market, and higher duty-free limits for online purchases between the US and Canada. - Regional trade between the US, Canada, and Mexico is highly important as they are each other's largest export markets, especially for

4. NAFTA Preamble

7. Goals of NAFTA

8. Introduction

9. Introduction (contd)

10. NAFTA is a formal agreement that establishes clear rules for commercial
activity between Canada, the United States, and Mexico.
It is overseen by a number of institutions that ensure the proper interpretation
and smooth implementation of the Agreement’s provisions.

23. These factories make many types of products

31. ‫دونالد‬
‫ترامپ‬
:
‫قرارداد‬
USMCA
‫جای‬
‫قرارداد‬
NAFTA
‫را‬
‫گرفته‬
‫است‬
‫دونالد‬
‫ترامپ‬
‫رئیس‬
‫جمهور‬
‫امریکا‬
‫قرارداد‬
‫تجارت‬
‫آزاد‬
‫امریکای‬
‫شمالی‬
(
NAFTA )
‫را‬
‫که‬
‫بین‬
‫این‬
،‫کشور‬
‫کانادا‬
‫و‬
‫مکزیک‬
‫به‬
‫امضا‬
‫رسیده‬
،‫است‬
‫بعنوان‬
‫بدترین‬
‫قرارداد‬
‫تاریخ‬
‫بشریت‬
‫ارزیابی‬
‫نمود‬
.
‫ترامپ‬
‫ضمن‬
‫خاطر‬
‫نشان‬
‫کردن‬
،‫اینکه‬
‫قرارداد‬
‫مورد‬
‫بحث‬
‫جای‬
‫قرارداد‬
‫نفتا‬
‫را‬
‫گرفته‬
،‫است‬
،‫گفت‬
‫نفتا‬
‫یکی‬
‫از‬
‫ب‬
‫دترین‬
‫قراردادهای‬
‫تاریخ‬
‫بشریت‬
‫بود‬
.
‫اکنون‬
‫جای‬
‫آنرا‬
‫یک‬
‫قرارداد‬
‫جدید‬
‫و‬
‫زیبا‬
‫یعنی‬
USMCA
‫گرفته‬
‫است‬
. USMCA
‫امتیازهای‬
‫زیادی‬
‫تامین‬
‫کرده‬
‫و‬
‫بهترین‬
‫قرارداد‬
‫در‬
‫عرصه‬
‫بین‬
‫المللی‬
‫می‬
‫باشد‬
.
The new United States-Mexico-Canada Agreement (USMCA) will support mutually beneficial
trade leading to freer markets, fairer trade, and robust economic growth in North America.
Key changes from its predecessor include increased environmental and working regulations;
greater incentives for automobile production in the U.S. (with quotas for Canadian and
Mexican automotive production); more access to Canada's dairy market; and an increased
duty-free limit for Canadians who buy U.S. goods online.

32. n her confirmation hearing, U.S. Trade Representative Katherine Tai stated that “trade is like any other
tool in our domestic or foreign policy. It is a means to create more hope and opportunity.” With this in
mind, President Biden has made clear that trade must improve wages and create higher-paying jobs for
all Americans as he focuses on controlling COVID-19, restoring economic growth and employment, and
expanding opportunity by investing in education, R&D, and infrastructure. In this respect, there is no
more important regional trade agreement for the U.S. than the United States-Mexico-Canada trade
agreement (USMCA).
WHY NORTH AMERICAN TRADE RELATIONS ARE SO IMPORTANT
The significance of USMCA is clear. Canada and Mexico are the United States’ largest export markets: 23
percent of U.S. exports go to Canada and Mexico (versus 5 percent to China), over 70 percent of Mexican
exports are sent to the U.S. and Canada, and 62 percent of Canadian exports are to the U.S. and Mexico.
Trade among the countries provides key inputs into regional supply chains’ value added (40 percent U.S.
value add versus 5 percent China). This is particularly true in the auto sector, which dominates
manufactured trade between all three countries.