President Donald Trump on Monday hailed a US trade pact with Canada and Mexico, which replaces the old NAFTA deal, as a historic agreement set to turn North America back into a “manufacturing powerhouse” and fuel US economic expansion. Governing almost $1.2 trillion in trade, the pact known as the United States-Mexico-Canada Agreement, or USMCA, is “the most important trade deal we’ve ever made by far,” Trump told a White House press conference.
