Trade Talks Episode 113: How and Why Congressional Democrats Tweaked the USMCA

Soumaya Keynes (The Economist) and Chad P. Bown (PIIE)

USMCA gets one step closer after Congressional Democrats, organized labor, the Trump administration, and Mexico strike a deal. Megan Cassella (Politico, 2:18) explains how the four-way negotiations led to the December 10 announcement of additional tweaks to the new North American trade agreement, including on biologics. Simon Lester (Cato Institute, 14:13) and Kathleen Claussen (University of Miami, 20:00) also join to discuss changes to dispute settlement and the enforcement of rules regarding labor.

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