North America Free Trade Agreement | US-Mexico-Canada Agreement
Bilateral commercial negotiations can enable strong countries to dominate weaker ones.
Trump called NAFTA a disaster and vowed to scrap it and start over. But in nine weeks as president, he’s taken a much more cautious approach toward the deal with Mexico and Canada.
The Trump Administration plans to use TPP as the “starting point” for a revamped North American Free Trade Agreement and new bilateral deals, according to Commerce Secretary Wilbur Ross.
President Donald Trump’s campaign promise to bring sweeping changes to the “terrible” North American Free Trade Agreement just got a dose of reality.
Over 20 million more Mexicans have fallen below the poverty line since NAFTA took effect.
The trade policy of the United States (U.S.) traditionally relied almost exclusively on multilateral negotiations. This changed in 1985 when the United States concluded a free trade agreement with Israel.
The Trump administration has sent a draft notice to US Congress, seeking to tackle what it considers NAFTA issues.
Cargill CEO Dave MacLennan hopes to see out of any NAFTA renegotiation the basic principles of keeping the border open for trade
The question is often posed whether trade and investment is a zero sum game among nations. South Centre Chief Economist Yilmaz Akyuz says he does not think nations are the correct focus here.
Transcanada Corp’s legal challenge against the United States over its past rejection of Keystone XL pipeline has been dropped.
President Trump’s promise to renegotiate Nafta and possibly place tariffs on Mexico or other US trading partners has the beef industry worried. The industry is already reeling from the loss of the Trans-Pacific Partnership.
Three leaders of US dairy organizations traveled to Mexico City to reaffirm their commitment to maintaining a positive trade relationship with Mexico’s dairy industry and consumers.
Just the fact that the Canadian government had to go through this massive and expensive process for many years just for rejecting two bad patents should show why ISDS provisions are such a problem.
Canada has prevailed over pharmaceutical giant Eli Lilly in a long-running investor-state dispute the drug company filed under NAFTA’s investment chapter.
As part of NAFTA, Mexico was granted special access to the U.S. market but more akin to the “imperial preference” that Great Britain once provided for members of the British Empire.
The U.S. government probably won’t begin “real” negotiations to revamp the North American Free Trade Agreement until later this year (2017).
NAFTA has its fair share of critics who want to see it updated. But if Trump has his way, a re-negotiated agreement may prove disappointing.
Any renegotiation of NAFTA should include streamlined customs procedures and greater regulatory cooperation among other priorities, say the leading chemical industry associations.
TransCanada Corp has suspended a $15 billion NAFTA suit filed against the United States over the Keystone XL pipeline after U.S. President approved the project.
Donald Trump seems to think Mexicans made out like bandits from NAFTA. In reality, workers in all three NAFTA countries have suffered.