How a tangled web of new rules could transform North American supply chains

How a tangled web of new rules could transform North American supply chains

By Alan M. Field

With the completion of the fourth round of talks to modernize the North American Free Association in late October, the governments of Canada, the United States and Mexico are hoping to finish the entire series of seven rounds by the end of 2017. Whether or not the renegotiation process drags on for an additional few months in 2018, it’s clear that the net result will mark a turning point in the relationship between Canada and its North American trading partners. But what kind of turning point, and to what effect? What impact will the NAFTA renegotiation process have on the Canadian economy – and on the trading patterns and supply chains of Canada’s exporters and importers?

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Anti-dumping and countervailing duties – and their role in softwood lumber sector

By Alan M. Field

Like peanut butter and jelly, countervailing duties and antidumping duties go hand-in-hand. Explains Susan Kohn Ross, a partner at Mitchell Silberberg & Knupp LLP, a Los Angeles international law firm. Dumping occurs when you are charging a lower price in a foreign market than you are charging in your domestic market, or you are charging less in a foreign market than it costs you to make that product.

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The new terms of trade: disagreement, discontent and dissent grow in an age of anti-globalization

By Alan M. Field

Late in October, Canada and the European Union signed their long-delayed Comprehensive Economic & Trade Agreement (CETA). Like the troubled 12-nation Trans-Pacific Partnership, which was intended to bring together Canada, the U.S. and other nations that border on the Pacific, CETA is not an old-fashioned free-trade pact aimed at making further tariff cuts, but a next-generation agreement focused on facilitating market deregulation, liberalization, and, its critics say, the handing of further powers over law-making to big business. For some, its most nefarious component is its Investor State-Resolution System (ISDS), which would establish a “corporate court” system that gives foreign investors their own special legal process to sue governments.

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What will changes in the Canada-U.S. relationship look like after Trump’s victory

By Alan M. Field

Almost none of the leading U.S. political and economic pundits predicted the victory of Donald Trump in the presidential election on November 8. The same experts are now challenged with thinking long and hard about the impact of Trump’s victory on the all-important relationship between the U.S. and Canada, and the economies of both countries.

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Hillary Clinton’s potential impact on Canada – viewpoints and realities

By Alan M. Field

What kinds of changes would an American Administration run by Hillary Clinton mean for Canada and Canadians? How might it differ – either positively or negatively – from a future Administration of Mr. Trump or from the ebbing Administration of President Barack Obama? Does the extent and quality of support and antipathy for Hillary in Canada differ in any meaningful ways from that in the United States? If so, might that make any difference on how Hillary would interact with Canada and its leaders?

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What impact would a Trump presidency have on the crucial Canada-U.S. trade relationship?

By Alan M. Field

Although the American presidential election won’t take place until November, this much is clear: Almost nothing to date has gone according to the usual script. The victory of Donald J. Trump in the drawn-out primary elections for Republican presidential candidate has taken virtually everyone by surprise, not just in North America but around the world. The ascension of 70-year-old Trump, a real estate tycoon with no previous experience in politics, has delighted his ardent supporters while disturbing not only Americans of various political ideologies but many Canadians from a wide range of backgrounds.

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