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  • Author: Tetyana Payosova, Gary Clyde Hufbauer , Euijin Jung
  • Publication Date: 04-2018
  • Content Type: Policy Brief
  • Institution: Peterson Institute for International Economics
  • Abstract: The mechanics of US withdrawal from the North American Free Trade Agreement (NAFTA) have been widely explored, with an emerging consensus among legal experts that President Donald Trump does have the authority to pull out of the accord. This Policy Brief examines the legal procedures in Canada and Mexico in the event that either country decides to withdraw or terminate NAFTA. Relative to the United States, Canada and Mexico have clearer legal procedures. To terminate NAFTA in Canada, the Department of International Trade would send the notice to withdrawal upon approval by the Cabinet and the Order in Council. In Mexico, the president can notify withdrawal from NAFTA under Article 2205, following Senate approval. To raise tariffs to the MFN level, Canada requires amendment of federal statutes that requires passage in both chambers of the Parliament through regular procedures. To raise its tariffs, Mexico requires a bill to amend federal legislation that has the approval of the Senate and the Chamber of Deputies.
  • Topic: International Political Economy
  • Political Geography: Canada, Mexico
  • Publication Date: 02-2018
  • Content Type: Country Data and Maps
  • Institution: Economist Intelligence Unit
  • Abstract: No abstract is available.
  • Topic: Economy, Outlook
  • Political Geography: Canada
  • Publication Date: 02-2018
  • Content Type: Country Data and Maps
  • Institution: Economist Intelligence Unit
  • Abstract: No abstract is available.
  • Topic: Summary, Economy, Background, Fact sheet
  • Political Geography: Canada
  • Publication Date: 02-2018
  • Content Type: Country Data and Maps
  • Institution: Economist Intelligence Unit
  • Abstract: No abstract is available.
  • Topic: Politics, Summary, Political structure
  • Political Geography: Canada
  • Publication Date: 02-2018
  • Content Type: Country Data and Maps
  • Institution: Economist Intelligence Unit
  • Abstract: No abstract is available.
  • Topic: Economy, Economic structure, Charts and tables, Monthly trends charts
  • Political Geography: Canada
  • Publication Date: 02-2018
  • Content Type: Country Data and Maps
  • Institution: Economist Intelligence Unit
  • Abstract: No abstract is available.
  • Topic: Summary, Economy, 5-year summary, Key indicators
  • Political Geography: Canada
  • Publication Date: 01-2018
  • Content Type: Country Data and Maps
  • Institution: Economist Intelligence Unit
  • Abstract: No abstract is available.
  • Topic: Politics, Summary, Outlook, Briefing sheet
  • Political Geography: Canada
  • Publication Date: 01-2018
  • Content Type: Country Data and Maps
  • Institution: Economist Intelligence Unit
  • Abstract: No abstract is available.
  • Topic: Politics, News Analysis, Forecast, Election watch
  • Political Geography: Canada
  • Publication Date: 01-2018
  • Content Type: Country Data and Maps
  • Institution: Economist Intelligence Unit
  • Abstract: No abstract is available.
  • Topic: Politics, News Analysis, Forecast, Election watch
  • Political Geography: Canada
  • Publication Date: 01-2018
  • Content Type: Country Data and Maps
  • Institution: Economist Intelligence Unit
  • Abstract: No abstract is available.
  • Topic: International Relations, Politics, News Analysis, Forecast
  • Political Geography: United States, Canada, Mexico