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This country agreed to sign a trade deal with the United States and Mexico.
- a)New Zealand
- b)Russia
- c)Australia
- d)Canada
Correct answer is option 'D'. Can you explain this answer?
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This country agreed to sign a trade deal with the United States and Me...
Canada agreed to sign a trade deal with the United States and Mexico, revamping the North American Free Trade Agreement (NAFTA) after almost a year of negotiations. The new deal has been named the United States-Mexico-Canada Agreement (USMCA). The trilateral pact is expected to be signed by the three North American countries, after which it would be submitted to Congress. Under the agreement, Canada has agreed to export a quota of 2.6 million vehicles to the United States in the wake of 25% global autos tariffs imposed by the US on national security grounds.
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This country agreed to sign a trade deal with the United States and Me...
Canada and Mexico, he has agreed instead to replace it. With the Canadians now on board, and with the text of the agreement submitted to America’s Congress, leaders from the three countries will sign the new pact by the end of November. It will be relabelled the USMCA (United States, Mexico and Canada Agreement). So in one sense, at least, America will be first.
Striking the deal meant resolving disagreements between American and Canadian negotiators (those between Americans and Mexicans were resolved a month ago). The Americans had wanted to get rid of “Chapter 19”, a way of settling disputes about defensive tariffs, to prise open the Canadian dairy market to American farmers and to increase the “de minimis threshold”—the price below which small items can enter Canada duty-free. The Canadians wanted to keep Chapter 19, and to receive assurances that they would not be thwacked by tariffs on cars or car parts.
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This country agreed to sign a trade deal with the United States and Mexico.a)New Zealandb)Russiac)Australiad)CanadaCorrect answer is option 'D'. Can you explain this answer?
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This country agreed to sign a trade deal with the United States and Mexico.a)New Zealandb)Russiac)Australiad)CanadaCorrect answer is option 'D'. Can you explain this answer? for Current Affairs 2024 is part of Current Affairs preparation. The Question and answers have been prepared according to the Current Affairs exam syllabus. Information about This country agreed to sign a trade deal with the United States and Mexico.a)New Zealandb)Russiac)Australiad)CanadaCorrect answer is option 'D'. Can you explain this answer? covers all topics & solutions for Current Affairs 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for This country agreed to sign a trade deal with the United States and Mexico.a)New Zealandb)Russiac)Australiad)CanadaCorrect answer is option 'D'. Can you explain this answer?.
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