On September 1, the Office of the US Trade Representative, working with the Departments of Commerce (DOC) and of Agriculture (USDA), announced a number of actions aimed at supporting domestic producers of seasonal/perishable produce. Their plans – which include new trade actions targeting certain fruit and vegetable imports – could have widespread impacts on produce … Continue Reading
On Tuesday, January 7, 2020, the Senate Finance Committee approved the US-Mexico-Canada Agreement (USMCA) by a vote of 25-3. The markup of President Trump’s replacement to the North American Free Trade Agreement (NAFTA) provided several surprises, at least from a traditional trade policy perspective. … Continue Reading
Our international trade policy team recently published an analysis on the modernized North American Free Trade Agreement (NAFTA), known as the US-Mexico-Canada Agreement (USMCA). Below is a snapshot of the analysis.… Continue Reading
The first round of 5-day negotiations to modernize the North American Free Trade Agreement (NAFTA) concluded on August 20. In a joint statement released by trade officials from the United States, Mexico and Canada, they restated the commitment to updating the deal, continuing domestic consultations, and working on draft text. They also committed to a … Continue Reading
On May 18, 2017, US Trade Representative Robert Lighthizer formally notified the US Congress of President Donald Trump’s intent to renegotiate the North American Free Trade Agreement (NAFTA). In letters transmitted to senior Congressional leaders, Ambassador Lighthizer pledged that the administration will consult closely with Congress to ensure its negotiating positions are consistent with the … Continue Reading
Following through on his promise to put “America first,” President Donald Trump signed an Executive Order (EO) on April 18 titled “Buy American and Hire American,” a two-part document addressing both US federal procurement and immigration programs. Our international trade and public policy teams together analyzed the provisions contained in the EO and offer explanations … Continue Reading
President Donald Trump hosted the Canadian and Israeli Prime Ministers at the White House last week. Secretary of State Rex Tillerson and Secretary of Homeland Security John Kelly traveled to Mexico City this week to discuss trade and security matters. Cabinet Shuffle. Gen. Michael Flynn resigned as the National Security Advisor (NSA) last week, after … Continue Reading
Since taking office on January 20, 2017, President Trump’s actions on several trade-related matters – from officially withdrawing the US from the Trans-Pacific Partnership (TPP), to signaling the renegotiation of the North American Free Trade Agreement (NAFTA), to suggesting reconsideration of existing bilateral trade agreements – will have a ripple effect seen and felt around the … Continue Reading
On Friday, 20 January, businessman Donald J. Trump was sworn in as the 45th President of the United States of America. At the inauguration ceremony, President Trump stated: From this moment on, it’s going to be America First. Every decision on trade, on taxes, on immigration, on foreign affairs, will be made to benefit American … Continue Reading
Following through on one of his campaign promises, on Monday, January 23, President Donald Trump signed a memorandum formally withdrawing the United States from the Trans-Pacific Partnership (TPP) agreement. It is anticipated that President Trump may issue a separate document regarding the United States’ intent to renegotiate the North American Free Trade Agreement (NAFTA) as early as … Continue Reading
Welcome to 2017. The 115th Congress convened on Tuesday, 3 January. U.S. businessman Donald Trump will be sworn in as the 45th President of the United States on Friday, January 20. Trump Transition News. President-Elect Trump continues to announce senior officials who will serve as part of his Administration. The Trump Transition Team noted at … Continue Reading
Likely Major Policy Developments President-Elect Trump will enter the White House facing a dramatic decline in global trade growth. A recent World Trade Organization (WTO) report notes that 2016 marks the slowest pace of trade and output growth since the 2008 financial crisis. WTO Director-General Roberto Azevêdo called slowing trade growth “a wake-up call,” … Continue Reading