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




Peterson Perspectives: Interviews on Current Issues show

Summary: 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.