The United States-Mexico-Canada Agreement (USMCA) went into force on July 1, 2020, replacing the North America Free Trade Agreement (NAFTA) to support mutually beneficial trade between the parties. In this video, Baker McKenzie lawyers from each country share their reflections and the insights they’ve gained during the almost three years since the USMCA took effect.
Julia Webster, Partner in Toronto, discusses an uptick in dispute resolution and how the parties work to achieve favorable trade terms. Meredith DeMent, Partner in Washington, DC, reflects on the trend toward nationalistic tendencies as well as the compliance aspect of free trade agreements. Adriana Ibarra-Fernandez, Partner in Mexico City, shares considerations for companies issuing a certification of origin.
Watch the full video below.