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NAFTA 2.0: Current State of Negotiations and How This Could Affect You (TRD973N)

Presented by: Douglas Cohen
(*) Single User Price. For multiple users please call 1-800-223-8720
Pre Recorded Webinar
60 minutes
Event Description
1.0 CCS/CES Credit

Know How the Negotiations on NAFTA May Impact Your Business

It has been twenty-three years since Canada, Mexico, and the United States signed the North America Free Trade Agreement (NAFTA). One of the largest free trade zones in the world, NAFTA has greatly increased trade and investment among the three nations. Continental free trade helps companies to be more competitive globally.

However, NAFTA remains controversial, with President Trump calling NAFTA the “worst trade deal maybe ever signed anywhere.” Recognizing that the agreement should be updated rather than scraped, the US, Canada, and Mexico have agreed to renegotiate the free trade area beginning August 16, 2017. The US published its general objectives for the renegotiation, which include the elimination of dispute settlement panels, reducing trade deficits, tightening of rules of origin, adding a section on e-commerce, as well as provisions for labor and the environment. These issues and more will be the subject of intense bargaining. Protectionist themes could de-rail the process.

Most analysts expect a revamped NAFTA to be signed in early 2018. NAFTA and its renegotiation present opportunities and challenges to nearly every business, and in nearly every industry operating within the US, Mexico, and Canada.  Understanding these opportunities and challenges will quickly become an essential element of business strategy.

The stakes for industry and labor are high. Certain changes, if implemented, could disrupt global supply chains, jeopardizing the operations of manufacturers who depend upon imported components. In addition, a new NAFTA could bring with it increased prices for automobiles, and consumer goods such as clothing, shoes and even food. NAFTA negotiations may make the trading environment tumultuous and uncertain: discouraging investment, increasing the potential for reprisals from trading partners and increasing the risk of barriers to American exports.

Join this session with expert speaker Douglas Cohen to learn about the current state of negotiation of a new NAFTA. He will provide answers to questions such as: What is NAFTA and why it needs to be changed, and what the US, Canadian, and Mexican objectives are. You will understand the background behind the renegotiation of NAFTA and will learn about the contentious issues that could affect you and your organization. You will take away a rare insight into the workings of the negotiations and what it means for you.

Session Highlights

This session will discuss:

  • What NAFTA is
  • Why it is being changed
  • US renegotiation objectives
  • Contentious negotiation issues
  • Political realities
  • The renegotiation timeline
  • The possibility of Trump dumping NAFTA
  • The effect of changes to NAFTA on you
  • Canadian goals and objectives
  • Mexican goals and objectives
Who Should Attend
  • Directors, CEOs, CFOs, COOs, VPs & C-level professionals across trade industry
  • Import and export managers
  • Supply chain managers
  • Labor and legal affairs
  • Procurement managers
  • Customs regulatory managers
  • Customs compliance managers
  • Operations professionals
  • Regulatory compliance professionals
  • Custom compliance personnel
  • Quality managers
  • Office managers
  • Customs/logistics supervisors
  • Trade compliance managers
  • EHS managers
  • Purchasing managers
  • Quality/process control engineers
  • Project managers
  • Global compliance managers
  • Sales administrators
  • Personnel involved in import-export from/to North America
  • Shipping and logistics personnel
  • Legal personnel
  • Trade consultants/advisors
  • Chambers of commerce professionals
  • Foreign trade agency professionals
  • Business development professionals
About Our Speaker(s)

Douglas Cohen | International Trade Compliance SpeakerDouglas Cohen
For more than 20 years, Mr. Douglas Cohen has been at the forefront of international trade and transactions. With senior positions in private practice, the US Department of Commerce, European Union, IATA, and American Airlines, he has developed substantial expertise in international trade compliance, import-export, for... More info

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    Event Title: NAFTA 2.0: Current State of Negotiations and How This Could Affect You
    Presenter(s): Douglas Cohen

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