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Canada Agrees To Updated Trade Deal With US And Mexico

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Canada Agrees To Updated Trade Deal With US And Mexico
It's called the United States-Mexico-Canada Agreement.
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Canada has agreed to a renegotiated NAFTA deal

The Trump administration had set a deadline of Sunday at midnight for Canada to sign on or risk being left out of the trade deal with the U.S. and Mexico. Canada signed the dotted line with only hours left. 

Canada rejoined trade talks with the U.S. back in August. But the country's foreign minister said she would only sign something that was good for Canada and the middle class. 

In a joint statement, U.S. Trade Representative Robert Lighthizer and Canada's foreign minister announced the newly dubbed "United States-Mexico-Canada Agreement."

It will reportedly free up the Canadian dairy market to American farmers and address concerns over possible U.S. tariffs on Canadian car exports.

The Trump administration hopes to have the deal signed by Mexican President Enrique Peña Nieto's last full day in office, Nov. 30. 

Additional reporting from Newsy affiliate CNN.