News & Analysis as of

Corporate Counsel Trade Relations Canada

Cooley LLP

Mitigating Adverse Impacts of Tariff Hikes: Effective Strategies for Businesses

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In today’s global marketplace, companies are increasingly more vulnerable to the unpredictable impacts of tariffs and supply chain disruptions. As these external pressures threaten their financial stability, businesses must...more

K&L Gates LLP

Preparing for New Trump Tariffs: 10 Approaches

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Here are 10 ways to avoid, mitigate, or delay the costs of new tariffs that President-elect Trump has promised for countries like China, Canada, and Mexico: Confirming country of origin: Determine whether tariffs apply by...more

Stikeman Elliott LLP

Sanctions Evasion: Canada Takes Aim with New FINTRAC Reporting Requirements for Reporting Entities

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Reporting entities under the Proceeds of Crime (Money Laundering) and Terrorist Financing Act (PCMLTFA) will soon be subject to a new requirement to report transactions suspected to be related to sanctions evasion to the...more

Pillsbury - Global Trade & Sanctions Law

The USMCA’s Rapid Response Mechanism for Labor Complaints: What to Expect Starting July 1, 2020

On July 1, 2020, the United-States-Mexico-Canada Agreement (USMCA) entered into force, replacing the 26-year-old North American Free Trade Agreement (NAFTA). The U.S. government has taken several steps toward implementation...more

Hogan Lovells

USMCA's rapid-response labor mechanism

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The United States-Mexico-Canada Trade Agreement (USMCA) is noteworthy for its novel “facility specific rapid response labor mechanism” (the Rapid Response Mechanism or Mechanism). The Mechanism permits the United States or...more

Jones Day

Regional Shake-Up or More of the Same? How the USMCA Impacts North American Trade

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The Situation: The United States, Canada, and Mexico recently reached an agreement in principle to revise and replace the North American Free Trade Agreement ("NAFTA") with the United States-Mexico-Canada Agreement ("USMCA")....more

Womble Bond Dickinson

After NAFTA: Digital Trade in the New USMCA

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One of the avowed reasons for scrapping the North American Free Trade Agreement (NAFTA) and replacing it with a new agreement was that “digital trade” did not even exist in 1994 when NAFTA came into force. Accordingly, The...more

Blake, Cassels & Graydon LLP

The Ins and Outs of Canada’s New Trade Agreement and NAFTA Replacement, the USMCA

On September 30, 2018, Canada and the United States resolved outstanding trade issues and announced that they, together with Mexico, agreed to a trilateral United States-Mexico-Canada Agreement (USMCA). Once ratified, the...more

Ladas & Parry LLP

USMCA – New Agreement as to The Modernization of NAFTA Comes with Key Changes Regarding U.S. IP Rights

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Late on September 30, an agreement (USMCA) was reached between the United States, Mexico and Canada which modernizes the 24 year old North American Free Trade Agreement (NAFTA)....more

BakerHostetler

The New NAFTA: 5 Things to Know

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The Trump administration announced Sunday night that trade ministers from the United States, Mexico and Canada had reached agreement on revisions to the 1994 North American Free Trade Agreement, the framework for $1.2...more

Bennett Jones LLP

Trump, Canada and the Future of NAFTA: Some FAQs

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As Inauguration Day approaches we are receiving many questions about Donald Trump’s promise to renegotiate or “tear up” the NAFTA, most of them turning on what he can do and what would it mean for Canada-United States trade....more

Bennett Jones LLP

Changes to Canada’s Iran Sanctions – Your Questions Answered (and a Flowchart)

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On February 5, 2016, the Government of Canada amended its economic sanctions on Iran to significantly ease restrictions on doing business. The changes were in response to Iran’s compliance with its the commitments to restrict...more

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