Quantifying CUSMA: The Economic Consequences of the New North American Trade Regime

July 25, 2019

This study develops a quantitative analysis of the impact of the Canada-United States-Mexico Agreement (CUSMA), as signed on 30 November 2018. The CUSMA represents a major overhaul of the now-dated 1994 North American Free Trade Agreement (NAFTA) and is based largely on the Trans-Pacific Partnership (TPP) text, signed in 2016, from which the Trump administration withdrew in January 2017.