Enrique Pena Nieto

BreakingUS, Canada and Mexico sign North America trade deal

Mexico"s President Enrique Pena Nieto, US President Donald Trump and Canada"s Prime Minister Justin Trudeau
Reuters
(l-r) Mexico"s President Enrique Pena Nieto, US President Donald Trump and Canada"s Prime Minister Justin Trudeau

The US, Canada and Mexico have signed a new trade deal at the G20 summit in Argentina.

Donald Trump, Justin Trudeau and Enrique Pena Nieto took part in signing the pact which is officially known as the United States-Mexico-Canada Agreement (USMCA).

US President Donald Trump had promised to revamp the existing North American Free Trade Agreement or NAFTA during his campaign.

Despite the signing ceremony today, legislators from all three countries still have to approve the pact.