What trade agreement affects McDonald's?

The North American Free Trade Agreement (NAFTA), which was replaced by the United States-Mexico-Canada Agreement (USMCA) in 2020, significantly affects McDonald's operations. These trade agreements facilitate the import and export of goods, including agricultural products used in their menu, among the three countries. They influence supply chain costs, pricing strategies, and market access, allowing McDonald's to optimize sourcing and expand its presence in North America. Additionally, trade agreements can impact tariffs and regulations that affect franchise operations and profitability.