The US, Canada, and Mexico announced a new trade deal to replace NAFTA this past weekend, unimaginatively titled the "US-Mexico-Canada Agreement" (USMCA). Reaching a finalized deal was a relief for the Canadian government, which repeatedly suggested that negotiations had soured. Though some argue that USMCA is largely a cosmetic departure from NAFTA, there are certain changes that would impact chunks of the roughly $1.2 billion in trade that NAFTA currently handles. A few notable changes are greater market access for Canadian and Mexican automobile manufacturers, the opening of the Canadian dairy market, and easier unionization processes. However, the USMCA has yet to be ratified, and will almost certainly have to be signed into law by the incoming Mexican president, Andrés Manuel López Obrador; should he disagree with the direction of the new pact, he could scrap the deal.
https://www.nytimes.com/2018/10/01/business/trump-nafta-usmca-differences.html
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