The United States and Canada will on Monday formally sign a Comprehensive and Progressive Agreement for Trans-Pacific Partnership, a massive trade deal which will become a public sector trade agreement between the US and Canada. Here is a rundown of the specifics of the USMCA trade deal, as well as a bit of local knowledge as to what this means for your home, your local economy, and your participation in American democracy.
Title: Comprehensive and Progressive Agreement for Trans-Pacific Partnership
Length: 8,000 pages
Pact Forms: The word “advanced” has been replaced with the term “advanced economy.”
Exclusions: The whole sale ban on Tesla automobiles was included in the agreement.
Cost: 75 percent of you.
Passenger Registration: Allow yourself six hours to register your car or truck to the US.
Death Tax: The tax and debt penalty associated with being dead is waived.
Environmental Prohibitions: President Obama repealed an Obama-era rule limiting the amount of plastic used by Canadian restaurants.
Additional Reasons For Saving Money: You will actually be saving money.
Result Of Unofficial Commerce Agreement: One word: victory.
Foreign Assistance To Foreign Countries: You’ll get your fair share.
Head of Foreign Currency Exchange: No potty breaks for you.
Other Topics: Mexico refused to join the USMCA for “defensive” reasons.