NAFTA Update for April 2018
- Details
The talks to renegotiate and modernize the North American Free Trade Agreement (NAFTA) are ongoing. Will the parties reach a deal, will the talks be put on hold pending election outcomes, or will one of the parties back away from the talks putting the whole agreement's status in doubt? Most importantly, how might the talks affect your ability to source products in North America?
In this webinar, Josh Teitelbaum, Counsel, and Justin McCarthy, Senior Advisor, from customs counseling and legal services provider, Akin Gump Strauss Hauer Feld LLP discuss the latest on the renegotiation and modernization of NAFTA as of April 4th, 2018. They outline the tariff timeline starting on March 1st when Trump announced the 25% tariff on steel and 10% tariff on aluminum and ending on April 4th with China's retaliation against United States IP theft tariffs with a list of 106 US exports for additional tariffs. Other hot topics include: the U.S. dropping the proposal to require cars have half U.S. content in order to receive duty-free treatment, the proposal to make Investor-State and State-to-State dispute settlement voluntary, government procurement, and trade remedies.