NAFTA 2.0 or USMCA whatever you like to call it was recently concluded revising the terms & conditions of the original NAFTA agreement between Canada & the United States. It has been one of the biggest, most prosperous & profitable trading relationships in the World. Both countries have been each other’s biggest customers and the close-knit Geo politicial, economical & cultural relationship has warranted that. The two countries sharing the longest international border in the World see an aggregate trade of more than $1.7 billion every day. These are some of the many reasons that despite having lots of reservations on varied issues, they were able to renegotiate a mutually beneficial revision in the form of a new treaty. Below are some of the numbers, facts & figures which would help you understand this intricate trading relationship in detail.
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