USMCA! USMCA! USMCA! USMACA! USMCA! USMACA! -----the new U.S.-Mexico-Canada Agreement.
"After 13 months of diplomatic negotiations, plus further political wrangling within Washington, a replacement for the North American Free Trade Agreement NAFTA takes effect on Wednesday with modest changes in some areas, significant additions in others. . ." and that new name"
Looks like E-Commerce and Digital Trade have changed the entire world everywhere. It's not just Politics like this point-of-view from Sarah Babbage writing in Bloomberg Politics
So has the 2020 COVID-19 PANDEMIC in ways we don't know about in these uncertain times - impacts yet to see.
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HALF-HEMISPHERE THINKING
IN A GLOBAL NETWORK
Here's some quick information from Bloomberg:
As a candidate in 2016, President Donald Trump pledged to renegotiate the North American Free Trade Agreement and to terminate it “if we don’t get the deal we want.” After 13 months of diplomatic negotiations, plus further political wrangling within Washington, a replacement takes effect on Wednesday with modest changes in some areas, significant additions in others and a new name, the U.S.-Mexico-Canada Agreement.
"After 13 months of diplomatic negotiations, plus further political wrangling within Washington, a replacement for the North American Free Trade Agreement NAFTA takes effect on Wednesday with modest changes in some areas, significant additions in others. . ." and that new name"
Looks like E-Commerce and Digital Trade have changed the entire world everywhere. It's not just Politics like this point-of-view from Sarah Babbage writing in Bloomberg Politics
So has the 2020 COVID-19 PANDEMIC in ways we don't know about in these uncertain times - impacts yet to see.
_________________________________________________________________________
HALF-HEMISPHERE THINKING
IN A GLOBAL NETWORK
Here's some quick information from Bloomberg:
Why did Nafta have to be renegotiated?
POLITICS
So Long, Nafta; Hello, USMCA. What You Need to Know: QuickTakeAs a candidate in 2016, President Donald Trump pledged to renegotiate the North American Free Trade Agreement and to terminate it “if we don’t get the deal we want.” After 13 months of diplomatic negotiations, plus further political wrangling within Washington, a replacement takes effect on Wednesday with modest changes in some areas, significant additions in others and a new name, the U.S.-Mexico-Canada Agreement.
June 30, 2020
The Reference Shelf
- The Congressional Research Service summarizes key provisions in the USMCA.
- A side-by-side comparison of Nafta and USMCA.
- These were five sticking points that leaders of the three countries had to work out.
- The African continent is seizing the title of world’s largest free-trade zone.
- A Council on Foreign Relations review of Nafta’s economic impact
- From Bloomberg Government, everything you need to know about the USMCA.
- Summary of changes that U.S. Democrats negotiated in the agreement.