Only the United States benefits from renegotiating the Canada-U.S.-Mexico trade deal
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The Canada-United States-Mexico Agreement (CUSMA) requires a review every six years, with the next review in 2026; Canadian businesses are urging the government to prepare for renegotiation; CUSMA undermines Canadian policy autonomy and creates a 'regulatory chill'; The Business Council of Canada suggested revoking a digital services tax to avoid jeopardizing negotiations; Editorials propose significant concessions from Canada to eliminate regular reviews; The U.S. is no longer a free-trade champion, and concessions are unlikely to yield desired results; The 2018 CUSMA marks the end of reliable trade agreements and the return of power politics.

#Cusma #Trade #Canada #UnitedStates #Mexico #Policy #Economy #Regulation #Nafta #Biden

https://theconversation.com/only-the-united-states-benefits-from-renegotiating-the-canada-u-s-mexico-trade-deal-239170