Ustr Us Mexico Canada Agreement

In addition, there is a provision that the agreement itself must be reviewed every six years by the three nations, with a 16-year forfeiture clause. The contract may be renewed for a period of 16 years during the six-year review period. [51] The introduction of the Sunset clause gives more control in the organization of the future of the USMCA in the hands of national governments. However, there is concern that this could lead to greater uncertainty. Sectors such as automotive require significant investment in cross-border supply chains. [52] Given the dominant position of the U.S. consumer market, it is likely that this will put pressure on companies to establish more production in the United States, with a higher probability of higher production costs for these vehicles. [53] Some sectors, including automakers, had argued for a delay in implementation due to the difficulties encountered by the coronavirus pandemic. On December 12, 2019, the Mexican Senate adopted the revised treaty by 107 votes to 1. [89] On April 3, 2020, Mexico announced its readiness to implement the agreement and joined Canada,[15] although it requested that its auto industry have additional time to comply with the agreement.

[90] The USMCA will extend the length of copyright in Canada to life over 70 years and 75 years for sound recordings. [45] This enlargement reflects the same IP policy that was included in the text of the Trans-Pacific Partnership, paragraph 18.63. [46] In addition, biotech companies would have at least ten years of exclusivity for agrochemicals (twice as much as at present 5) and the time spent on industrial designs would increase from 10 to 15 years. Compared to NAFTA, the USMCA would require criminal sanctions and civil remedies for both satellite and cable theft, confirms the Doha Declaration on TRIPS and Public Health, contains the strictest procedural and transparency requirements for geographic indicator protection systems in any free trade agreement , requires criminal proceedings and penalties for the registration of copyrighted films in cinemas and requires the Office for the authorization to register customs officers to arrest alleged counterfeit goods. [47] Growing objections within Member States to U.S. trade policy and various aspects of the USMCA have had an impact on the signing and ratification process. Mexico said it would not sign the USMCA if tariffs on steel and aluminum were maintained. [62] Based on the results of the November 6, 2018 U.S.

election, it has been speculated that the greater power of Democrats in the House of Representatives could jeopardize the passage of the USMCA agreement. [63] [64] Bill Pascrell, a senior Democrat, argued for changes to the USMCA to pass Congress. [65] Republicans have opposed the USMCA provisions that impose labour rights on LGBTQ and pregnant workers. [66] Forty Republicans in Congress have asked Mr. Trump not to sign an agreement that includes “the unprecedented integration of sexual orientation and the language of gender identity.” As a result, Trump ultimately signed a revised version that required each nation only to “policies it deems appropriate to protect workers from discrimination in the workplace” and said the United States would not be required to introduce additional non-discrimination laws. [67] The Canadian government expressed concern about the changes that have occurred under the USMCA agreement. [68] In a memoir published by Stephen Schwarzman, CEO and founder of U.S. LBO specialist The Blackstone Group, it was revealed that he had encouraged Justin Trudeau to recognize the protected milk market in the USMCA negotiations. Schwarzman said Mr. Trudeau feared a recession would affect his government`s prospects in Canada`s 2019 general election. The executive, which had been retained by Trump, was also invited in January 2017 to address the Liberal cabinet at a retreat in Calgary, if cabinet No.