Trade and US Relations

— Nov 1, 2018
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The United States–Mexico–Canada Agreement: Overview and Outlook

The United States-Mexico-Canada-Agreement: Overview and Outlook finds that the new trade deal to replace NAFTA represents a missed opportunity to create freer trade across North America. Not only does the new agreement leave intact protections in many sectors—to the detriment of Canadians—but when it comes to the North American auto sector, the USMCA introduces much more managed trade, even imposing limits on how many automobiles (and auto parts) Canada and Mexico will send into the United States.

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