NAFTA 2.0?

The United States, Mexico and Canada signed a free trade agreement on 30 November 2018, replacing the existing 24-year-old North American Free Trade Agreement (NAFTA) in place between the three countries. Hogan Lovells LLP partner Chandri Navarro asks whether the US–Mexico–Canada Agreement (USMCA) really represents a significant change in the trade relationship between the three countries.

NAFTA 2.0? Chandri Navarro

President Trump made renegotiation of NAFTA a key part of his 2016 presidential campaign, during which he often criticised the trade pact. During his 5 February 2019 State of the Union address, Trump encouraged the US Congress to vote to approve USMCA and replace “the catastrophe known as NAFTA”.

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These firms have professional notices in the Latin Lawyer 250

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