Outside the Box: Clock is ticking for ratification of USMCA trade deal

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Mexico President Enrique Pena Nieto, U.S. President Donald Trump and Canadian Prime Minister Justin Trudeau sign a new free trade agreement on Nov. 30, 2018. The treaty still must be ratified by the legislatures of the three countries.

The path to ratify the new trade agreement between the United States, Mexico and Canada is as varied as its acronym in the three countries. In the United States, it is referred to as USMCA or NAFTA 2.0, in Mexico it is T-MEC (Tratado entre México, Estados Unidos y Canadá), and in Canada it is CUSMA.

Ironically, the most arduous process will be in the United States, the country that initiated the new agreement.

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