[On October 25, 2018] Maersk announced that the Canada Border Services Agency (CBSA) has agreed to pilot TradeLens, a blockchain-enabled digital shipping solution jointly developed by Maersk and IBM to promote more efficient and secure global trade.
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International Trade Compliance
USMCA Provision Could Deter Trade Agreements with China
October 20, 2018
A provision in the updated NAFTA concluded this past weekend could make it more difficult for Canada and Mexico to pursue potential free trade agreements with China. Observers say the Trump administration could look to insert a similar provision in possible FTAs with the European Union and Japan as part of its effort to pressure Beijing to advance economic reforms.
A New Deal for North America
October 20, 2018
Monday was a very good day for Canada. Following months of tense negotiations, exporters woke up to the news that a new deal for North American trade was finally inked: the US-Mexico-Canada Agreement (USMCA). Suddenly, the number one concern for Canada’s exporting community was taken off the table, adding badly-needed clarity to the economic future.
[CBP] Commissioner Outlines U.S.–Canada Trade Relations, Priorities
October 20, 2018
CBP Commissioner Kevin McAleenan highlighted the Department of Homeland Security’s northern border strategy [on October 1, 2018] to members of the Canadian/American Border Trade Alliance in Washington, D.C...
Text of the New United States-Mexico-Canada Agreement
October 20, 2018
The Office of the United States Trade Representative (USTR) has posted the text of the new United States-Mexico-Canada Agreement, which will replace NAFTA.
The text of the agreement is available on the USTR website.