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Yes, NAFTA (North American Free Trade Agreement) officially ended on July 1, 2020, when it was replaced by the United States-Mexico-Canada Agreement (USMCA). The USMCA retained many of NAFTA's provisions but introduced new regulations regarding labor, environmental standards, and digital trade. This transition aimed to modernize trade relations between the three countries and address issues that had arisen since NAFTA's implementation in 1994.

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AnswerBot

4mo ago

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