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The United States-Mexico-Canada Agreement 4th Edition (USMCA): Legal and Business Implications

The United States-Mexico-Canada Agreement 4th Edition (USMCA): Legal and Business Implications

Author: Leslie Alan Glick
Publisher: Kluwer Law International
ISBN: 9789403514758

Previous Edition ISBN: 9789041132055
Published In: October 2020
Format: Hardback
Jurisdiction: Netherlands ? Disclaimer:
Countri(es) stated herein are used as reference only

List Price: HKD 1,558.69

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Description
Contents

Details

The United States-Mexico-Canada Agreement (USMCA) is a timely summary and commentary on the most important new trade agreement for the United States (U.S.). On July 1, 2020, after much expectation and delay, the new USMCA—a greatly revised version of the North American Free Trade Agreement (NAFTA) of 1994—came into effect. The USMCA is a long-awaited response to a U.S. initiative to renegotiate NAFTA. As a key regional trade agreement with vast global ramifications, familiarity with its content and rules is essential for all business, legal, policymaking, and academic parties concerned with international trade. This preeminent guide to NAFTA summarizes the contents of the third and last edition of the book providing an in-depth chapter-by-chapter analysis of the new agreement, clearly describing what has changed from the earlier agreement and what is new.

What’s in this book:

After a concise but expertly calibrated summary of NAFTA, the author proceeds systematically through a practical analysis of each USMCA provision, emphasizing such crucial new elements as the following:

new rules on intellectual property rights
stricter rules of origin within the automotive industry
major reforms in Mexican labor laws and their enforceability
opening of Canada’s agricultural and dairy sector to more U.S. competition
an entirely new chapter on digital trade
new dispute mechanisms
requirement of an increased minimum wage in auto plants, and
a new chapter on environmental standards

Changes in such important aspects of trade as textiles and apparel, ownership of hydrocarbons, cross-border trade in services, and anticorruption measures are also fully described.

How this will help you:

This concise and useful practical guide will be a welcome addition to private and corporate libraries, including corporate counsel, customs brokers, freight forwarders, logistics and import-export managers, government officials, and academics who need a thorough understanding of the new agreement. This book is among the first that will enable readers to quickly grasp the essentials of the new agreement and will definitely be a valuable addition to the trade portfolio in 2020.

Preface

Acknowledgments

CHAPTER 1. Introduction: Summary of the Previous NAFTA Agreement

CHAPTER 2. Summary Of NAFTA From 2010 To Present

CHAPTER 3. NAFTA Economic Impact Summaries

CHAPTER 4. Summary of ITC Report

CHAPTER 5. Origin Procedures

CHAPTER 6. Textile and Apparel Goods

CHAPTER 7. Customs Administration and Trade Facilitation

CHAPTER 8. Recognition of the United Mexican States’ Direct, Inalienable, and Imprescriptible Ownership of Hydrocarbons

CHAPTER 9. Sanitary and Phytosanitary Measures

CHAPTER 10. Trade Remedies