From NAFTA to the CUSMA/USMCA – a New Trade Template?
Part I. The New Deal and Continued Uncertainty
On September 30th, after 14 months of difficult talks, Canada and the United States announced the successful completion of their NAFTA re-negotiations. Whether the latest U.S. deadline was “real” or not, it is likely that both the Trump Administration’s threat that it would proceed with a U.S-Mexico agreement without Canada and the risk for the United States that such a bilateral deal would not pass Congressional review spurred both countries to make the last minute concessions that led to agreement in principle on the renamed United States-Mexico-Canada Agreement (“USMCA . . . [more]


