United States, Canada and Mexico sign new trade agreement

The new U.S. Mexico Canada Agreement (USMCA) replaces NAFTA, but must be confirmed by the United States Congress.

Photo: Adobe Stock

Photo: Adobe Stock

President Trump, Canadian Prime Minister Justin Trudeau and Mexican President Enrique Peña Nieto signed the new U.S. Mexico Canada Agreement — or USMCA — in Buenos Aires Friday, using the backdrop of the G-20 Summit to resolve a trade dispute between America and its closest neighbors.

"Let's go," all three leaders said as they sat alongside each other to sign multiple copies of the deal.

They then shuffled binders around in front of them, to finalize the deal that remakes one of the world's largest free trade zones. When the signing was over, they paused for a photo-op. "Might as well hold that up," Trump said, displaying the fresh signatures as the three leaders sat together.

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