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[54] The United States, Canada and Mexico currently meet all of these transparency requirements, in addition to the substantive political requirements that are consistent with the articles of the International Monetary Fund Convention. [55] The text of the agreement was signed on November 30, 2018 by the heads of state or government of the three countries as a side event at the G20 summit that spilled out in Buenos Aires, Argentina, on November 30, 2018. [34] The English, Spanish and French versions will be equally authentic and the agreement will enter into force after ratification by the three states through the adoption of enabling legislation. [35] These agreements define the contractual rights and benefits that persist for each group. Trump, the United States renegotiated the North American Free Trade Agreement and replaced it with an updated and rebalanced agreement that works much better for North America, the Agreement between the United States, Mexico and Canada (USMCA), which entered into force on July 1, 2020. The USMCA is a beneficial asset for both parties for North American workers, farmers, ranchers and businesses….

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