The Canada-United States-Mexico Agreement Economic Impact Assessment

However, the CUSMA allows the United States or Mexico to retaliate in the event of a new Canadian measure with “a measure of equivalent commercial effect.” Such a measure could constitute a customs or other restriction for a Canadian industry. With the new chapter regulating digital trade, the room for manoeuvre for these retaliatory measures may be much wider under CUSMA than under NAFTA. A number of digital cultural activities (e.g. B Netflix productions) did not fall under the previous agreement, so it was not possible to apply measures with equivalent commercial effect. One of President Trump`s main goals in the renegotiations is to ensure that the deal benefits American workers. The United States, Mexico and Canada have agreed on a laboratory chapter that introduces work obligations at the heart of the agreement, makes them fully enforceable and constitutes the strongest provisions of a trade agreement. In addition, many economists argue that the recent problems of the United States In addition, Canada has agreed to include the United States in all planned changes in Canadian dairy policy. And in a new step in a trade deal, Canada has agreed to reduce and control exports of certain dairy products to any country in the world. This means that Canada will impose a high tax on all exports that exceed the agreed limits.

(See also agricultural and food policy)) The Environment Chapter contains the most enforceable environmental obligations of all previous U.S. agreements, including commitments to combat trade in wildlife, timber, and fish; strengthen law enforcement networks to curb trafficking in human beings; and address pressing environmental issues such as air quality and marine litter. . . .