Illustration: Koszubarev via iStock
The new United States-Mexico-Canada Agreement (USMCA), formerly the North American Free Trade Agreement (NAFTA), launches at a tough time as supply chains are strained in the COVID-19 pandemic. Getting the right goods into the right hands has become a question of resiliency, experts say. The virus has accelerated urgent change in supply chains as they must quickly adapt—within days, in some cases.
“What used to be possible with just a pencil, and pen, and paper is now impossible to operate” without technology, analyst Piotr Marczewski says.