USMCA Expected to Bring Some Relief From Pandemic Economic Woes

USMCA Expected to Bring Some Relief From Pandemic Economic Woes
Members of Congress and farmers from across the country rally for the United States-Mexico-Canada Agreement (USMCA) on the National Mall in Washington on Sept. 12, 2019. Samira Bouaou/The Epoch Times
Emel Akan
Updated:

WASHINGTON—The new trade agreement between the United States, Mexico, and Canada took effect on July 1, opening a fresh era in North American free trade.

The agreement contains new “rules of origin” on cars, which incentivize the use of high-wage labor in auto manufacturing and make U.S. and Canadian workers more competitive vis-a-vis Mexican workers. It also expands market access for U.S. farmers and ranchers.

Emel Akan
Emel Akan
Reporter
Emel Akan is a senior White House correspondent for The Epoch Times, where she covers the policies of the Trump administration. Previously, she reported on the Biden administration and the first term of President Trump. Before her journalism career, she worked in investment banking at JPMorgan. She holds an MBA from Georgetown University.
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