US, Mexico and Canada sign new trade deal to replace NAFTA
US President Donald Trump, Mexican President Enrique PeÃ±a Nieto and Canadian PM Justin Trudeau on Friday signed the new US-Mexico-Canada Agreement (USMCA) which will replace the North American Free Trade Agreement (NAFTA). USMCA will govern over a trillion dollars worth of trade between the three countries. The deal requires ratification by all three countries' legislatures before taking effect.