Donald Trump sent his congratulations to Mexico and Canada on Monday morning, boasting about the 11th-hour reformulation of the Clinton-era NAFTA trade pact as the United States Mexico Canada Agreement.
Late last night, our deadline, we reached a wonderful new Trade Deal with Canada, to be added into the deal already reached with Mexico. The new name will be The United States Mexico Canada Agreement, or USMCA,' the president wrote in a pair of tweets.
'It is a great deal for all three countries, solves the many deficiencies and mistakes in NAFTA, greatly opens markets to our Farmers and Manufacturers, reduces Trade Barriers to the U.S. and will bring all three Great Nations together in competition with the rest of the world. The USMCA is a historic transaction!'
The three North American nations agreed Sunday night to replace the North America Free Trade Agreement following a year of agonizing negotiations.