Read the full text of the new United States, Mexico and Canada Agreement

Canada, U.S. reach new NAFTA deal with a new name
ABOVE: Canada, U.S. reach new NAFTA deal with a new name.

Canada agreed late Sunday night to a trade deal between the United States and Mexico, which is now a revamped version of the North American Free Trade Agreement (NAFTA).

READ MORE: NAFTA deal reached — Canada, U.S., Mexico reach trade agreement under new name

The new deal is now called the United States-Mexico-Canada Agreement, or USMCA. It replaces NAFTA, the $1.2 trillion open-trade deal that had been about to collapse after nearly a quarter century.

To read the full text of the agreement, click here.

Here are some highlights from the agreement.

Intellectual property

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Dispute settlement

Canadian tariff schedule