Much to the surprise of many trade aficionados, over the past
few months, it became increasingly clear that the CUSMA agreement
would be successful in climbing the sometimes seemingly
insurmountable hurdles to full blown implementation among the three
amigos. With that, there are some good, bad and ugly changes in the
"new deal."
Implementation of the trilateral agreement has been an ongoing
drama since the three countries signed it on November 30, 2018
– with each country assigning its own name to first place in
its title – according to the US, it is the
USCMA, to Canada it is CUSMA, and
to Mexico, the MUSCA. Nonetheless, over the past
two years, the tri-titled has struggled from a "no way"
to full-fledged implementation in 2020.
