The USMCA's Future in Context

Mexico Center, Rice University's Baker Institute for Public Policy

Arizona Legal Studies Discussion Paper No. 20-31

8 Pages Posted: 16 Jul 2020

See all articles by David A. Gantz

David A. Gantz

Univ. Of Arizona College of Law; Mexico Center, Baker Institute

Date Written: June 16, 2020

Abstract

"This report--the eleventh and final in a series that began a year and half ago--briefly considers what in the author’s view are the most significant of the external factors that could have a significant impact on whether the USMCA, now that it has entered into force, will achieve the levels of success in stimulating North American investment, jobs and trade that the three Parties hope for. These important factors include the U.S. Section 232 ("national security") tariffs on steel and aluminum; the ongoing and expanding United States-China trade war; the emasculation by the United States of the World Trade Organization’s dispute settlement system; the somewhat unpredictable nature of the U.S. and Mexican presidents; and the impact of the coronavirus pandemic. All of these add to the challenges facing the three governments and private stakeholders."

Keywords: NAFTA, USMC, Trump, Lopez-Obrador/AMLO, World Trade Organization, Coronavirus/COVID-19, Section 232 tariffs, Steel/aluminum

Suggested Citation

Gantz, David A., The USMCA's Future in Context (June 16, 2020). Mexico Center, Rice University's Baker Institute for Public Policy , Arizona Legal Studies Discussion Paper No. 20-31, Available at SSRN: https://ssrn.com/abstract=3648334

David A. Gantz (Contact Author)

Univ. Of Arizona College of Law ( email )

P.O. Box 210176
Rogers College of Law
Tucson, AZ 85721-0176
United States
520-490-3004 (Phone)

Mexico Center, Baker Institute ( email )

6100 Main Street, MS-40
Houston, TX 77005
United States
520-490-3004 (Phone)

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