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In the overnight trades, Reuters reported key headlines from a report published by the US International Trade Commission (ITC) on a potential United States-Mexico-Canada Agreement (USMCA).

Key Findings:

USMCA trade deal will increase US employment by 176K jobs.

US imports from Canada and Mexico to climb $31.5B.

US exports to Canada and Mexico to climb $33.3B.

Sees higher US auto prices.