Isn’t there some kind of arbitration clause as well? I seem to remember that being a sticking point, exactly because our government saw creative redefinitions like that coming.
In the current NAFTA 2.0 agreement, signed in 2018, there is a 6-year renegotiation provision. That’s what Trump is using to change a whole host of things in the deal.
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How is this legal under NAFTA?
Under CUSMA it’s not. Not even remotely. Ask if he cares.
What are you gonna do, call the Earth police?
In theory, USMCA is a law (his own law…) that has been passed by the US Congress. So in theory, he shouldn’t be able to just tear it up at a whim.
In practice, with US institutions captured by the trumpist republicans, lol yea.
EDIT: also “the 2020 deal allows for national security exceptions”, so that’s why he’s blathering about the crap he’s blathering about. EDIT2: Here, article 32.2.
Isn’t there some kind of arbitration clause as well? I seem to remember that being a sticking point, exactly because our government saw creative redefinitions like that coming.
Last time he was in power, he unilaterally tore up the original NAFTA agreement. He’s far more unhinged and unrestrained this time.
It probably is under USMCA:
“[T]he 2020 deal allows for national security exceptions”, which is why he’s blathering about the crap he’s blathering about.
See here, article 32.2(b).
In the current NAFTA 2.0 agreement, signed in 2018, there is a 6-year renegotiation provision. That’s what Trump is using to change a whole host of things in the deal.
I don’t think fascists are big on fair play.
NAFTA hasn’t existed for years.
CUSMA is basically NAFTA 2.0, though, so that’s not the most helpful reply.
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Alright. https://www.international.gc.ca/trade-commerce/trade-agreements-accords-commerciaux/agr-acc/cusma-aceum/nafta-cusma_aceum-alena.aspx?lang=eng
That won’t load for me for whatever reason. Weird.
It definitely was renegotiated to cover the same parties, and right as the old deal finished.