Trade Talks Episode 82: How Big Is the USMCA? It's Uncertain
Soumaya Keynes of The Economist and Chad P. Bown of PIIE discuss the hotly anticipated US International Trade Commission economic impact assessment of the US-Canada-Mexico Agreement. They explain the ITC use of economic models to show potential effects on the US economy of changing from the North American Free Trade Agreement to the new USMCA. They describe distributional and overall economic impacts arising through the resolution of uncertainty on data and digital information, new rules of origin for the automobile sector, and other policy changes induced by the USMCA.