What does the new US-Canada trade deal mean for Whatcom? Here are some possibilities

The new trade deal, reached late Sunday night, will be called the United States-Mexico-Canada Agreement, or USMCA. If approved by all three countries it will replace the 24-year-old North American Free Trade Agreement.

While the trade agreement helped strengthen the loonie, rising oil prices and other factors also have boosted the Canadian dollar, said Steven Globerman, an international business professor at Western Washington University, in an email to The Bellingham Herald.