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  1. Oct 2021
    1. International negotiation

      The USMCA and the poison pills --- The USMCA negotiation process was extremely complicated since President Trump wanted to impose on Mexico and Canada the “sunset clause”, considered as one of the “poison pills” according to which the three countries must renew every five years the treaty, otherwise, it would expire. For Trump, it was intended that with the sunset clause the jobs that had been lost in the manufacturing sector for the United States would return to that country, as well as correct the trade deficit he alleged against Canada and Mexico. However, both countries were strongly opposed and finally they agreed that the USMCA will be renewable every 16 years with the possibility of an extension.

      Source author: Cecilia Treemonisha Barros Ruiz cbarros@sre.gob.mx

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