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Business Matters: US, Canada and Mexico sign NAFTA replacement deal

US, Canada and Mexico sign NAFTA replacement deal

11/12/2019 GMT

BBC World Service - Business Matters, US, Canada and Mexico sign NAFTA replacement deal

The USMCA bill is the replacement for NAFTA, which has been in place for over 25 years.

The USMCA bill is the replacement for NAFTA, which has been in place for over 25 years - so what benefits could it bring?

Representatives from the US, Canada and Mexico have inked their names on the deal to replace NAFTA. The United States-Mexico-Canada Agreement, or USMCA, promises to modernise trade relations between the countries and has won support from key leaders and workers unions. Jennifer Hillman is a senior fellow for trade and international political economy at the Council on Foreign Relations - we ask her what kind of benefits it could bring to trade in North America. Staying with the trade theme, we examine what impact the USMCA could have on the World Trade Organisation, who's ruling body is about to be suspended due to the US having blocked the appointment of new judges.

We mark the passing of the inventor of the barcode, which revolutionised the retail industry during the 1970s. We conclude our series of interviews with figures from each of Britain's main political parties ahead of this week's general election and hear from Daniel Hannan, Member of the European Parliament for the ruling Conservative Party. And we chart the rise of the digital doctor, and what that means for the profession and patients.

All this and more discussed with two guests on opposite sides of the Pacific - Alexander Kaufmann, senior reporter at the Huffington Post in New York and in Hong Kong, Shuli Ren, Bloomberg opinion columnist covering the Asian markets.

(Photo: A freight train with cargo containers winds its way through mountains in California. Credit: Getty Images)

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