Trump hails 'wonderful new trade deal' with Mexico and Canada

11th-hour agreement ends months of dispute between the US and its closest neighbours

The US, Canada and Mexico have reached a deal to revamp the North American Free Trade Agreement (NAFTA), ending months of bitter dispute between the world’s largest economy and its closest neighbours.

Donald Trump declared the United States-Mexico-Canada Agreement (USMCA) – the new name for the world’s second-biggest economic bloc behind the European Union – a “wonderful new trade deal”, which came through an 11th-hour agreement late on Sunday.

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