What are the key differences between USMCA and NAFTA, and how do these changes impact trade relations between the United States, Mexico, and Canada?

The key differences between USMCA and NAFTA include updated provisions on labor, environment, intellectual property, and digital trade. These changes impact trade relations by promoting fairer competition, strengthening labor rights, and modernizing trade rules to reflect the current economic landscape. Overall, USMCA aims to create a more balanced and mutually beneficial trade relationship between the United States, Mexico, and Canada.