Upcoming NEI Webinars
Round 1 started with Statements by USTR Ambassador Robert Lighthizer, Canadian Foreign Affairs Minister Chrystia Freeland and Mexican Secretary of the Economy Ildefonso Guajardo and ended with a Trilateral Joint Statement. Ambassador Lighthizer's statement was in stark contrast to his counterparts. The USTR fully endorsed President Trump's opinion of NAFTA as the worst trade deal ever and gave a stern warning that the U.S. intended to do far more than "tweak" the Agreement. According to Lighthizer, the deal was a failure for the American people, as evidenced by the overall trade deficit with Mexico and goods deficit with Canada. Freeland and Guajardo were much more positive emphasizing the strong relationships among the 3 countries and their willingness to modernize but they also issued warnings concerning their drop dead positions.
The Round concluded with a Trilateral Joint Statement, which reflected just how difficult these negotiations will be. Even the description of the process was contentious with the U.S. pushing to call it a "renegotiation" and Mexico and Canada calling it a "modernization.” In the end, it was described as both. Opening the Pandora's Box of renegotiation or modernization poses some real risk, including the possibility of President Trump pulling out of the Agreement or the other two countries responding to threats such as the one he made in his speech on August 22, 2017 in Phoenix.
This session of the NCBFAA Special Series for North American customs brokers will focus on what has happened in Rounds and 1 and 2. Join our speakers, Alejandro Seimandi Garcia and Evelyn M. Suarez, both well-known customs attorneys in their respective countries of Mexico and the U.S., for this September 14, 1 to 2 p.m., webinar during which they will address hot button issues for the negotiations and issues of particular concern to North American customs brokers, such as anti-corruption, customs and trade facilitation, rules of origin (especially automotive), e-commerce, and the de minimis exception.
This webinar, presented by Olga Torres, Managing Member of Torres Law PLLC, will cover new and potential changes, as well as discuss the role of the U.S. Department of the Treasury Office of Foreign Assets Control (OFAC) in implementing the policy changes on a practical level.
Among other things, this webinar will cover:
You don't want to miss this hot topic webinar. Join us on October 12 from 1 to 2 p.m. ET by registering today!
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