Tag Archives: NAFTA

President Trump is Expected to Terminate NAFTA Following Agreement in Principle with Mexico

On Monday, August 27, President Trump announced that he intends to terminate NAFTA if discussions with Canada are not finalized by the end of the week.  This news follows the successful negotiation of an agreement in principle for trade between the U.S. and Mexico.  While, according to the USTR, the agreement provides the “most comprehensive … Continue Reading

Global Trade Flows Are Expanding, But Is There a Reason for Optimism?

Last Friday, the CPB Netherlands Bureau for Economic Policy Analysis, as part of its World Trade Monitor, reported that global trade flows – the volume of export and imports of goods – was 4.5% higher in 2017 than in 2016.  This is an important finding because it marks the biggest rate of year-in-year expansion since … Continue Reading

New Obstacles Emerge in NAFTA Negotiations

As the fourth round of NAFTA negotiations were completed in Washington on Tuesday, October 17, 2017, significant new obstacles to the trade talks are emerging.  As a result, the fifth round of talks has been postponed until mid-November. Specifically, Canada and Mexico have rejected the U.S.’s proposals on the elimination of NAFTA dispute panels in … Continue Reading

House Ways and Means Trade Subcommittee Announces NAFTA Hearing

House Ways and Means Trade Subcommittee Chairman Dave Reichert (R-WA) announced on Tuesday, July 11th that the Subcommittee will hold a hearing entitled “Modernization of the North American Free Trade Agreement” on Tuesday, July 18th.   The hearing will analyze whether NAFTA has been successful for the U.S. economy and job creation, with a focus on … Continue Reading

Up at Bat this Summer:  Renegotiating NAFTA

NAFTA renegotiations are up at bat this summer.  In May, the Trump administration sent a letter to Congress that began a 90-day consultation period between Congress, the administration, and business stakeholders to discuss the United States’ priorities.  The 90-day period is set to expire on August 16th, at which point the United States may restart … Continue Reading
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