The United States, Canada, and Mexico have reached agreement on a modernized NAFTA (North American Free Trade Agreement), now to be called the U.S.-Mexico-Canada Agreement (USMCA). After months of negotiating trilaterally, the US and Mexico reached an agreement that...
A few weeks ago (July 2018), I led a seminar on international trade for high school students which brought home to me how much misunderstanding exists about what is a tariff. The assumption was that tariffs are inherently protectionist. The current use of tariffs by...
UK Brexit Proposal: Services and Investment Freedom of businesses and professionals to provide services anywhere within the European Union(EU) is a core principle governing the EU Single Market for Services. And the EU single market has been good to UK service...
The EU’s Chief Brexit Negotiator has decisively rejected the United Kingdom’s proposal to manage its post-Brexit trade in goods with the EU. The UK’s White Paper – “The Future Relationship Between the United Kingdom and the European Union”proposes the creation of a...
The British government’s proposal for the United Kingdom’s post-Brexit relationship with the European Union has pleased neither the Brexiters nor the EU. It is easy to understand why. The White Paper, The Future Relationship Between the UK and the European Union,...