NAFTA talks forced Canada to pick a side in U.S.-China trade war

Professor of Law : Georgetown University, and Director, Institute of International Economic Law

NAFTA talks forced Canada to pick a side in U.S.-China trade war

(Jonathan Ernst/Reuters)

When Justin Trudeau's government agreed to a revised North American free trade deal, the Americans said Canada also agreed to something else: joining Donald Trump's trade war on China.  The story is here.

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Why some experts say scrapping part of NAFTA’s Ch. 11 is Canada’s biggest win with USMCA

Professor of Law : Georgetown University, and Director, Institute of International Economic Law

Why some experts say scrapping part of NAFTA’s Ch. 11 is Canada’s biggest win with USMCA

Why some experts say scrapping part of NAFTA’s Ch. 11 is Canada’s biggest win with USMCA, Chris Brummer provides commentary
Photo Courtesy of globalnews.ca

While the United States Mexico Canada Agreement (USMCA) is similar to its NAFTA predecessor in many ways, some experts are cheering the removal of a section little-known to the Canadian public — Chapter 11, Section B., or the Investors-State Dispute Settlement (ISDS) mechanism.  The story is here.

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New TPP Agreement to Be Signed, Without the United States, in March

Professor of Law : Georgetown University, and Director, Institute of International Economic Law

New TPP Agreement to Be Signed, Without the United States, in March

 

TPP, U.S., Chile, March, Chris Brummer
kyodonews.net

The 11 members of the Trans-Pacific Partnership will sign a new pact without the United States on March 8 in Chile after overcoming differences on outstanding issues, including a request by Canada on cultural protection, Japan’s TTP minister announced.

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Canada anticipates “innovative” negotiations for NAFTA

Professor of Law : Georgetown University, and Director, Institute of International Economic Law

Canada anticipates "innovative" negotiations for NAFTA

Canada, NAFTA, Innovation, Negotiations, Chris Brummer
Cole Burston/Bloomberg

Canada's minister of international trade has noted that the government intends to be "constructive" and "innovative" as the North American Free Trade Agreement renegotiations resume in Montreal.   The Financial Post reports that Canada’s major issues include the dispute settlement mechanism and supply management.

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Canada launches case against US at WTO

Professor of Law : Georgetown University, and Director, Institute of International Economic Law

Canada launches case against US at WTO

Chris Brummer, Canada, WTO, China
A flock of Canada geese flies over cargo ships at anchor in English Bay, outside the Port of Vancouver, British Columbia, Canada, November 19, 2016. REUTERS/Chris Helgren/File Photo

An important development in North American trade matters not involving NAFTA happened this week.  According to Reuters, Canada launched a complaint against the US last week, challenging Washington’s use of anti-dumping and anti-subsidy duties.  Nearly 200 examples of alleged U.S. wrongdoing were reportedly alleged, though interestingly, the examples did not concern China, but other trading partners including China, India, Brazil and the European Union.

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Mexico and Canada Push Back on US NAFTA Demands

Professor of Law : Georgetown University, and Director, Institute of International Economic Law

Mexico and Canada Push Back on US NAFTA Demands

Mexico, Canada, NAFTA, Talks Halt, Comments by Chris Brummer
Source: https://www.reuters.com

Reuters reports that the difficulties stem from a U.S. proposal to raise the minimum threshold for autos to 85 percent North American content from 62.5 percent, and to  require half of vehicle content to be from the United States.

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Mexico’s Economy Minister Wants to Shift Focus Away from Trade Deficits

Professor of Law : Georgetown University, and Director, Institute of International Economic Law

Mexico's Economy Minister Wants to Shift Focus Away from Trade Deficits

Mexico economy trade minister comments on NAFTA on Chris Brummer's site MiniLateralism
image credit: REUTERS/Edgard Garrido

The United States, Mexico and Canada are gearing up to re-negotiate NAFTA. President Trump is calling for a smaller trade deficit (the trade deficit from the U.S. to Mexico is $64 Billion).

Mexico relies heavily on the U.S. because 80% of its exports are sold to the United States. Mexico's economy minister argues if NAFTA is abandoned, the U.S. trade deficit could rise even higher.

Read More.

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