After years of negotiations, the new trade agreement between Canada, Mexico, and the United States has been signed and is awaiting ratification from each country`s governing bodies. But what will it be called once it`s officially implemented?

The agreement has gone through several name changes throughout the negotiations. Originally known as the North American Free Trade Agreement (NAFTA), the Trump administration pushed for a rebranding and renamed it the United States-Mexico-Canada Agreement (USMCA) in 2018. However, this name was met with criticism from Canada and Mexico, who argued that it put too much emphasis on the US. As a result, the three countries have continued to refer to it as NAFTA 2.0 or the “new NAFTA” in the interim.

Once the agreement is ratified, it`s likely that it will be officially referred to as the USMCA in the US and as the CUSMA (Canada-United States-Mexico Agreement) in Canada. Mexico has not yet announced what they plan to call the agreement. However, it`s worth noting that the new name is not set in stone, and it`s possible that it could change again in the future.

While the name may seem like a minor detail, it`s actually quite significant. The name sets the tone for how the agreement is perceived by the public and can impact its reception and support. The Trump administration`s decision to rename NAFTA was a clear indication of their desire to distance themselves from the previous agreement and assert dominance over the renegotiation process.

Regardless of what it`s ultimately called, the new agreement will have a significant impact on trade relations between the three countries. It includes new rules for automobile manufacturing, Canadian dairy exports, labor rights, and intellectual property protections, among other provisions. Once ratified, it will provide a framework for economic cooperation and growth in North America for years to come.