Commentary

When will the USMCA be enforced?

When will the USMCA be enforced?

On November 30, 2018, U.S., Mexican, and Canadian leaders signed the United States-Mexico-Canada Agreement at this year’s G-20 meeting.   The USMCA must be ratified by each country’s legislature. As a result, it wouldn’t go into effect until 2020.  President Trump has repeatedly suggested that he may unilaterally withdraw the U.S. from NAFTA in an effort to prompt Congress to approve the USMCA. However, Daniel Ujzco with Dickinson-Wright mentions that it is unlikely that this will happen because a full termination of NAFTA will most likely require Congress to get involved, as well.

Check out the steps of enforcement in this informative video.

Will Trump pull out of NAFTA?

 

 

Read More:

Sandler, Travis, and Rosenberg