As a post-Brexit UK faces serious hurdles to reaching a trade deal with the EU, rumours abound over the possibility of a UK-NAFTA trade bloc. But is this a likely scenario or a real long-shot?
The first round of NAFTA renegotiation talks will officially begin August 16 in Washington. Here’s what we know so far.
With Trump’s promises to bring manufacturing back and possibly eliminate NAFTA, there is a lot of speculation regarding whether this means outsourced jobs will be coming back from Mexico. Perhaps, but at what price?
We talked to experts about what we can expect for the future of NAFTA and how it could potentially be improved to benefit businesses in all three countries.
Despite American protectionist measures, Canadian and other global exporters can still succeed in the U.S. market with a sufficient knowledge of NAFTA law.
NAFTA has long been controversial and blamed for lost U.S. jobs, but it’s important to note the major strides made since it was enacted as well.
One of NAFTA’s most famous chapters is Chapter 11, otherwise known as the Investor-State Dispute Settlement (ISDS) chapter. ISDS chapters are consistently found in a large number of modern trade agreements across the globe.
The “Rules of Origin” under NAFTA are the criteria used to determine the country of origin of a product that is being imported or exported within the NAFTA region.
As part of NAFTA, the United States, Canada and Mexico (the “Parties”) have all agreed to reduce and/or eliminate tariffs on goods that originate from their respective territories. However, the Parties continue to apply significantly higher tariffs to goods that do not originate in one of the NAFTA countries.
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