Expert commentary on the law, politics and economics of international trade and investment
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In two separate instances yesterday, I came across questions about whether the Trump administration feels constrained by the USMCA and other trade agreements.
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Americans pay far more for brand-name drugs than Europeans do. For years that was treated as a domestic health problem. The Trump administration has started treating it as a trade problem.
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Failure to Reach a Deal
Despite intensive negotiations from August 19-21, 2026, Canada and the United States failed to reach an agreement that would have suspended the 50% tariffs the U.S. threatened a month ago on $20 billion worth of Canadian exports to the U.S. (The list
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Former Biden administration officials Heather Hurlburt and Peter Harrell both offered LinkedIn responses to my post last week about the political prospects for removal of Trump's tariffs by a future president.
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During the past several years, the composition of Mexican exports to the United States has significantly changed. Auto and auto parts exports have decreased because of high Trump administration tariffs designed to shift production for the U.S. market from Mexico (and Canada) to the United States.