In 2018, the United States, Canada and Mexico worked together to develop a new, more progressive solution for the North American Free Trade Agreement (NAFTA). Due to the significant changes made to the 25-year-old agreement, NAFTA will be referred to as the United States Mexico Canada Agreement (USMCA). Most of the changes will be isolated to the automotive industry, though there may be other foreign investment considerations depending on the sector. Contact NAPS to learn more about any questions you may have about NAFTA, USMCA and how they might apply to various manufacturing industries.