Good news in USTR release? All three countries have agriculture sensitivities

As negotiating mandates and strategies get developed for all three countries, these objectives provide a key line of sight into the Trump administration’s thinking. And while there are very few surprises, it is now clear that one person’s tweak is another’s transformation.
Donald Trump and Justin Trudeau, pictured July 7, at the G20 summit in Hamburg, Germany. The president is seeking to eliminate the Chapter 19 dispute settlement mechanism which provides a binational dispute settlement process for challenging anti-dumping and countervailing measures. For both Canada and Mexico, Chapter 19 is a critical component of NAFTA that ensures U.S. law cannot be applied in a protectionist manner to block otherwise fair two-way trade.
OTTAWA—The Office of the United States Trade Representative (USTR) released the long-awaited and highly anticipated NAFTA objectives last Monday as per its Trade Promotion Authority obligations. As negotiating mandates and strategies get developed for all three countries, these objectives provide ...

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