Balance of Trade: Will the USMCA Reduce Canada-U.S. Trade Strains?

The Conference Board of Canada, December 11, 2018
Recorded Webinar
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The signing of the new United States-Mexico-Canada-Agreement (USMCA) last month is the latest signal that North American trade can expect to return to some semblance of normalcy. But ratification in the U.S. Congress is no guarantee, and there are still numerous pain points in the Canada-U.S. trade relationship.

Get valuable insights on what to expect in the near-future during this webinar with Philip Levy, Senior Fellow on the global economy at the Chicago Council on Global Affairs. Philip will discuss how the USMCA, the Canada-U.S.-Mexico Agreement in Canadian documentation, or the new NAFTA – can be expected to impact North American trade, why the tensions that remain are unlikely to be resolved, and how the changes affect key sectors of the economy.

Webinar Highlights

In this recorded webinar, Philip identifies and elaborates on three key questions that persist in North American and global trade.

  1. How will the countries address the U.S. Section 232 tariffs on steel and aluminum, plus accompanying retaliation?
  2. Will the United States impose auto tariffs on the rest of the world?
  3. Will the USMCA be able to pass the U.S. Congress?

About Phil

Phil LevyPhil Levy is Senior Fellow on the Global Economy at the Chicago Council on Global Affairs and teaches in the Strategy Department at Northwestern University’s Kellogg School of Management. Previously he has taught at the University of Virginia’s Darden School of Business, Georgetown’s McDonough School of Business, Columbia’s School of International and Public Affairs, and Yale University’s Department of Economics. From 2003 to 2006, he served first as senior economist for trade for President Bush’s Council of Economic Advisers and then as a member of Secretary of State Rice’s Policy Planning Staff, covering international economic matters.

His academic writings have appeared in such outlets as The American Economic Review, Economic Journal, and the Journal of International Economics. He is a regular contributor to Forbes online and writes on topics including trade policy, economic relations with China, and European economic issues. Levy has testified before the House Committee on Foreign Affairs, the Joint Economic Committee, the House Committee on Ways and Mean, and the US-China Economic and Security Review Commission. He received his PhD in Economics from Stanford University in 1994 and his AB in Economics from the University of Michigan in Ann Arbor in 1988. He is on Twitter @philipilevy.

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