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U.S., Mexico and Canada Sign USMCA Protocol of Amendment

On December 10 in Mexico City, the United States, Mexico and Canada signed a Protocol of Amendment to the United States-Mexico-Canada Agreement (USMCA), which includes amendments predominantly focused on enforcement, labor, environment and access to medicines.  This Protocol of Amendment will form the basis of the new USMCA, which will replace the North American Free Trade Agreement (NAFTA).  Earlier in the day, the Democratic leadership of the U.S. House of Representatives announced it had reached agreement with the Trump administration on the final package of amendments in the signed Protocol, paving the way for U.S. ratification.  The next step will be for the Trump administration to send the final implementing bill to Congress for votes by the House and Senate.  CPA is currently reviewing the text of the Protocol to see if any changes will impact the North American composite panel industry.  See Reuters, Final Protocol, Republican House Fact Sheet and Democratic House Fact Sheet.  More Info: Jackson Morrill

 

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