Analysts at Nomura explained that the US and Canada reached a last-minute agreement on 30 September to bring Canada into the bilateral trade deal achieved roughly one month ago with Mexico. Key Quotes: “Text of the updated NAFTA agreement renamed the United States-Mexico Canada Agreement, or USMCA, will likely be submitted to the US Congress shortly.” “This should lead to a formal signing ceremony at the end of November, with final ratification in the first half of next year.” “From here, ratification in the US will continue to follow the timeline mandated by trade promotion authority (TPA), the process that provides trade agreements with expedited congressional consideration.” “After signing the agreement at end-November, the reporting and markup period will likely last a few months before the implementing legislation is introduced in the House and Senate. This process will likely culminate with Congress ratifying the agreement in late-Q1 or Q2 2019.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next AUD/USD back beneath 0.72 despite bidders’ best efforts FX Street 4 years Analysts at Nomura explained that the US and Canada reached a last-minute agreement on 30 September to bring Canada into the bilateral trade deal achieved roughly one month ago with Mexico. Key Quotes: "Text of the updated NAFTA agreement renamed the United States-Mexico Canada Agreement, or USMCA, will likely be submitted to the US Congress shortly." "This should lead to a formal signing ceremony at the end of November, with final ratification in the first half of next year." "From here, ratification in the US will continue to follow the timeline mandated by trade promotion authority (TPA), the process… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
