Nafta news
Here are some recent news articles and updates related to NAFTA:
Latest Developments:
- On June 1, 2020, the United States-Mexico-Canada Agreement (USMCA) replaced NAFTA. The USMCA is a revised trade agreement that aims to modernize and strengthen trade relationships between the three countries.
- In May 2020, the USMCA came into effect, replacing NAFTA after 25 years. The agreement includes new provisions on digital trade, intellectual property, and labor and environmental standards.
- In April 2020, the US and Mexico reached a deal to resolve a dispute over Mexico's decision to impose tariffs on US agricultural products. The agreement aims to increase US agricultural exports to Mexico.
Recent News Articles:
- "USMCA: A New Era for Trade Between the US, Mexico, and Canada" (Forbes, June 2020)
- "NAFTA's Replacement, USMCA, Takes Effect Amid Uncertainty" (The New York Times, June 2020)
- "US and Mexico Reach Deal to End Tariffs on Agricultural Products" (The Wall Street Journal, April 2020)
- "NAFTA's Legacy: A Quarter-Century of Trade and Turmoil" (The Economist, June 2020)
- "USMCA: A Win for American Workers, Farmers, and Manufacturers" (The Hill, June 2020)
Key Issues:
- Automotive Industry: The USMCA includes new rules of origin for the automotive industry, which could impact the production of vehicles in North America.
- Agricultural Trade: The agreement aims to increase US agricultural exports to Mexico and Canada, but some farmers are concerned about the impact of tariffs and other trade barriers.
- Labor and Environmental Standards: The USMCA includes new provisions on labor and environmental standards, which could lead to increased enforcement and penalties for non-compliance.
- Digital Trade: The agreement includes new provisions on digital trade, including rules on e-commerce, data flows, and intellectual property.
Analysis and Commentary:
- "The USMCA: A Mixed Bag for American Trade" (The Atlantic, June 2020)
- "NAFTA's Replacement: A New Era for Trade, or Just More of the Same?" (Foreign Policy, June 2020)
- "The USMCA: A Win for American Workers, But at What Cost?" (The Nation, June 2020)
- "The USMCA: A Step Forward for Trade, But Challenges Remain" (The Brookings Institution, June 2020)