USMCA: The 'historic' deal that Trump says replaces NAFTA

Trump said USMCA is "the most important trade deal we've ever made by far."

(Photo by Chip Somodevilla/Getty Images)
  • The new agreement is between Canada, Mexico and the U.S.
  • It's more of an updated version of NAFTA than a new agreement.
  • The deal includes changes to trade terms and policies in sectors like dairy, auto manufacturing and intellectual property rights.
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nafta usmca trade war economy economics trade partners north american trade agreement mexico canada

Map shows how the U.S.-China trade dispute is hurting American farmers

American farmers are expected to traverse a rocky financial road in the coming months.

Image: U.S. Department of Agriculture's Economic Research Service
  • American farmers are seeing economic losses as a result from the U.S.-China trade dispute.
  • Farmers of soybeans, which is the most imported U.S. crop in China, have been hit especially hard.
  • All agricultural commodities are at risk.
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china trade war agricultural economics american farmers soybeans trump economy