Read a summary of this teleconference here.

Following nearly two years of negotiations, the United States, Mexico, and Canada have agreed on an updated version of the North American Free Trade Agreement (NAFTA). The agreement, known as the USMCA, includes new rules on auto rules of origin, which could result in reduced U.S. auto imports from Mexico and higher prices for cars for U.S. consumers. Canada will also have to limit its dairy exports and its trade deals with China. The United States will be able to terminate the USMCA with six months' notice if Canada reaches a trade deal with China. The legislatures in all three countries must first ratify the USMCA before it takes effect.

What’s new about the USMCA trade agreement, and what will it mean for U.S.-Mexico-Canada relations? How will it impact the North American economy?

Featuring:

Ambassador Carlos Eugenio García de Alba, Consul General of Mexico in Los Angeles 

Carlos García has been a career diplomat in Mexico's Ministry of Foreign Affairs since 1987, reaching the rank of Ambassador in 2006. He was ratified by the Mexican Senate as Consul General of Mexico in Los Angeles in April 2016. Read more.

The Honorable James Villeneuve, Consul General of Canada in Los Angeles

James Villeneuve was appointed Consul General of Canada in Los Angeles in February 2014. He is Canada's senior representative in Southern California, Arizona, and Nevada. Read more.

Listen to the full conversation below: