We now know the dated that the Canada-United States- Mexico Agreement (CUSMA) (or USMCA under US terminology) will enter into effect to replace the North America Free Trade Agreement (NAFTA): July 1, 2020. This does not mean that the governments are ready to enforce CUSMA – Canada, United States and Mexico must now negotiate and
NAFTA Termination? What is your Strategy?
Will President Trump terminate NAFTA? Unfortunately, we don’t know. Some days, press reports suggest a growing possibility that he will take steps to terminate the agreement. Other days, President Trump’s pronouncements hint that he may be prepared to further negotiations. This leaves organizations in a difficult position. If President Trump does issue a notification of
What Should Canadian Companies Due Between NAFTA Modernization Rounds?
In the week of August 16, 2017, Canada’s NAFTA modernization team met in Washington D.C. with the United States Trade Representative’s NAFTA renegotiation team and Mexico’s NAFTA modernization team. At the end of the meeting, they issued a Trilateral Statement on the Conclusion of NAFTA Round One and indicated that Round Two will be held
Trading with China – New Reasons To Be Wary!
Yesterday, August 2, 2017, President Trump signed into law H.R. 3364, the “Countering America’s Adversaries Through Sanctions Act”. The general press is covering this story by writing about Russia’s initial retaliation taking the form of cutting the staff authorized at the U.S. embassy in Moscow and the seizure of certain U.S. diplomatic property within Russia.
Canada Commences Consultations Regarding A Canada-China Free Trade Agreement
Canada
On March 4, 2017, Global Affairs Canada announced consultations concerning a possible free trade agreement between Canada and China. Consultations means that Global Affairs Canada is consulting with Canadian interested stakeholders (the free trade agreement negotiations have not started yet – Canada is in a preliminary exploratory stage). Global Affairs Canada has posted information
What Will Trudeau Talk To Trump About?
U.S.A.
On February 13, 2017, Prime Minister Trudeau will travel to the United States to visit with President Trump. The most important topic for discussion is that Canada-United States relationship. The most important goal is to ensure that trading relationship remains strong.
This is a fun post, which is based on trade issues between Canada
Thickening of the Border – What Is Canada’s Concern?
U.S.A.
The phrase “thickening of the border” equates with increased regulations and costs, which result in difficulties or slow-downs at the border such that goods and people move at the pace of molasses. Border wait times increase as new border charges are paid and shipments are inspected and border officers assess risks. Any thickening of
What Is On Your NAFTA Renegotiation Wish List?
U.S.A.
President Trump has said that he wants to renegotiate NAFTA. Rather than taking a negative view of change, ask yourself “What is on my NAFTA Renegotation Wish List?”. What changes to NAFTA could benefit your business? What improvements to NAFTA can save your business money? What adjustments will improve your business’ supply chain? What
Privacy Shield Takes More Hits
Just in the last week, both the European Parliament and the European Data Protection Supervisor (“EDPS”) published findings holding the currently proposed EU-US Privacy Shield to be seriously deficient, and calling for further negotiations to deal with those “holes”.
On May 26, 2016, the European Parliament passed a resolution, see EU Parliament Resolution, basically
Cybersecurity
Originally published in the Journal of Commerce in May 2014.
The word cybersecurity causes shudders in the hearts of anyone in the etailing business, and one need to look no further than Target, Michaels, eBay and Neiman Marcus for the latest examples of significant consumer data theft. Unfortunately, cybersecurity and the thought of data being