An Introduction to the United States-Mexico- Canada Agreement: Understanding the New NAFTA

"The United States-Mexico-Canada Agreement (USMCA), a modified and modernized version of the North American Free Trade Agreement (NAFTA), will continue to govern most economic relationships in North America, including the more than $1.3 trillion in annual regional trade in goods and services, for the foreseeable future. USMCA preserves the bulk of the NAFTA structures that permit North American manufacturers to compete effectively with their European and Asian counterparts in North American and foreign markets. Once in effect, USMCA should largely resolve the chilling effect on investment and new hiring generated by three years of uncertainty over NAFTA's future. This book provides a detailed analysis and critique of the provisions of the USMCA and the USMCA's relation to NAFTA. It is designed to assist lawyers and non-lawyers alike, including law, economics and public policy scholars, business professionals and governmental officials who require an understanding of one of the worlds' most economically and politically significant regional trade agreements"-- Providedby publisher "The United States-Mexico-Canada Agreement (USMCA), a modified and modernized version of the North American Free Trade Agreement (NAFTA), will continue to govern most economic relationships in North America, including more than $1.3 trillion in annual regional trade in goods and services, for the foreseeable future. The USMCA preserves the bulk of the NAFTA structures that permit North American manufacturers to compete effectively with their European and Asian counterparts in North American and foreign markets. Once in effect, the USMCA should largely resolve the chilling effect on investment and new hiring generated by three years of uncertainty over NAFTA's future. This book provides a detailed analysis and critique of the provisions of the USMCA and the USMCA's relation to NAFTA. It is designed to assist lawyers and non-lawyers alike, including law, economics and public policy scholars, business professionals and governmental officials who require an understanding of one of the world's most economically and politically significant regional trade agreements"--Back cover An Introduction to the United States-Mex Copyright Contents About the author Preface Abbreviations Chapter 1: Overview of NAFTA 2.0 Chapter 2: Tariffs, customs and rules of origin Chapter 3: Settlement of disputes Chapter 4: Labor rights and environmental protection Chapter 5: Energy production and policies Chapter 6: Textiles, apparel and agriculture Chapter 7: Intellectual property, services and digital trade Chapter 8: Updating NAFTA drawing on the TPP Chapter 9: Carryover provisions from NAFTA Chapter 10: Other significant USMCA innovations Chapter 11: USMCAs future in context Selected bibliography Index