Canada-US Trade Tensions Worsen as History of Agreements is Put to the Test

The decades-long evolution of U.S.-Canada trade has seen several significant agreements, starting with the 1989 Canada-U.S. Free Trade Agreement.

Professor Marc Busch, a Georgetown University expert on international business diplomacy, notes that this agreement was a crucial step in shaping North American trade.

The North American Free Trade Agreement (NAFTA) followed in 1994, aiming to expand economic cooperation between the two nations and Mexico. After the withdrawal of the United States from NAFTA, the U.S.-Mexico-Canada Agreement (USMCA) replaced it in 2020.

Busch explores how current trade tensions fit into this history and what they might mean for businesses, consumers, and the broader North American economy.