Other News: NAFTA – Round 5 Negotiations Completed With Little Progress

  Areas of greatest contention for Round 5 –  rules of origin, dispute resolution mechanism, and a mooted sunset clause for a reworked deal. The International Trade Administration (ITA) in September 2017 released their Global Competitive Publications. Analysis of newly released data on the share of U.S.-produced content in manufactured imports from Mexico and Canada has eroded significantly since the mid-1990’s.  This pattern of declining share of U.S.-produced value in NAFTA imports is also seen in the United States’ largest import from NAFTA, motor vehicles. Market Watch on November 16, discussing the NAFTA Round 5 negotiations. The negotiations began November 15 in … Continue reading