Trade Agreements

News & Analysis as of

NAFTA and the New Trump Administration: Your Top Ten Questions Answered

With the recent U.S. election finally reaching its close, the unexpected election of Mr. Trump has left many multinational companies wondering how the change in administration will impact their business operations. One of the...more

¿Es Viable un TPP sin Estados Unidos?

El Tratado de Asociación Transpacífico (TPP) es un ambicioso acuerdo de libre comercio con 30 capítulos que abarcan una amplia gama de disciplinas relacionadas con el comercio, imponiendo estándares más estrictos sobre...more

Is the Trans-Pacific Partnership Still Possible Without the United States?

The Trans-Pacific Partnership (TPP) is an ambitious free trade agreement with 30 chapters covering a wide range of disciplines related to trade, imposing higher standards on existing disciplines and incorporating new ones....more

The Future of NAFTA: Rip it up or Renegotiate?

During the campaign season, candidate Donald Trump railed against the North American Free Trade Agreement, more commonly known as NAFTA. He decried it as the “single worst trade deal ever approved in this country” and...more

What Does the Promised Trade War Mean for Companies?

President-elect Donald Trump has promised action that could drastically change the rules for U.S. importers and exporters, foreign shippers to the United States and service providers. Whether and how these promises translate...more

The Future of the U.S.-Canada Trade Relationship in Light of the Election

The United States and Canada enjoy a unique bilateral relationship. That relationship reflects a unique friendship, underpinned by shared geography, similar values, common interests, deep connections and powerful,...more

Election Results: What does it mean for immigrants and their employers?

The election of Donald Trump to the presidency will undoubtedly change immigration processes, and could change immigration laws. While it is too early to know anything for certain, we are carefully monitoring developments...more

Supplemental Update: The Impact of the U.S. Presidential Election on U.S.-Mexico Relations

CEO’s Executive Summary: On November 8, the people of the United States elected Donald J. Trump to be the 45th President of the United States. We write to share some preliminary reflections and analysis on how we view this...more

¿Qué Podría Ocurrir con la Relación Comercial Bilateral México-Estados Unidos Después de las Elecciones?

Los resultados electorales de esta semana en los Estados Unidos requieren de un análisis serio sobre las consecuencias que pudieran llegar a tener las declaraciones realizadas durante la campaña por el nuevo Presidente electo...more

What Might Be Next for U.S.-Mexico Bilateral Trade After the Election?

This week's electoral results in the United States require a serious analysis of the consequences due to some of the statements made by new President-Elect Donald Trump during the campaign, which could impact trade and...more

New Administration May Change Landscape of U.S. Trade and Export Policy (IRB No. 560)

Although it is impossible to tell whether the new Trump administration will follow through on its campaign promises to alter the landscape of U.S. trade with foreign countries, businesses should realize that the new...more

Presidential Candidates Discuss TPP and Other Trade and Manufacturing Issues as Election Day Approaches

In these last few weeks before Election Day, presidential candidates Hillary Clinton and Donald Trump continue to highlight their positions on issues relating to trade and manufacturing. Discussions of trade deals, including...more

The Canada-Europe Trade Agreement: Opportunities and Risks for the United Kingdom

The Canada-European Union trade agreement has ?nally been signed – two years after negotiations were actually concluded. Yet it is still good news. The world desperately needs more international trade agreements. In an age...more

CETA Implementation in Canada - Implications of Bill C-30 on the Pharmaceutical Industry

Bill C-30 presents significant changes to Canada’s pharmaceutical landscape by introducing supplementary protection for pharmaceutical products and proposing substantial modifications to the Patented Medicines (Notice of...more

Building on a New Foundation: U.S.-Africa Trade & Investment

As a result of the initiatives put into place over the last two decades, the United States has positioned itself to take advantage of Africa’s economic resurgence, suggests a report issued by the Office of U.S. Trade...more

Reed Smith Prepares Enforceability Opinion for IECA New Master Netting Agreement

On October 7, 2016, Reed Smith assisted the International Energy Credit Association (“IECA”) in preparing an enforceability opinion for the release its Master Netting Agreement (the “MNA”) under both English and U.S. law....more

MERCOSUR: Venezuela’s presidency vetoed - its future in the bloc is uncertain

Argentina, Brazil, Paraguay and Uruguay, the founding countries of MERCOSUR, South America’s trade bloc, signed a “Joint Declaration for the operation of the MERCOSUR and the Protocol of Adhesion of the Bolivarian Republic of...more

Lumber War May Be Imminent

Negotiations to keep the peace in the complex and long-running international trade dispute between the United States and Canada over U.S. imports of Canadian softwood lumber appear to have stalled. Parties on both sides of...more

Orrick's Financial Industry Week in Review

Financial Industry Developments - Agencies Publish Study on Banking Activities and Investments under Dodd-Frank - On September 8, 2016, the Board of Governors of the Federal Reserve System, Federal Deposit Insurance...more

WTO Panel Report: Russia – Pigs (EU)

Decision: A WTO Panel has ruled that the Russian Federation violated its WTO obligations by imposing an EU-wide ban on live pigs and pork products, in breach of the food safety rules of the WTO Agreement on the...more

EU Customs Developments - July 2016

EU Customs Policy - Union Customs Code Developments - On 19 July 2016, the European Commission published a proposal to amend Article 136 of the Union Customs Code (UCC). This Article UCC exempts goods that have...more

Building a future: addressing the Brexit challenge

"Brexit means Brexit" according to Theresa May. But although the Government has now indicated that it is committed to Brexit and achieving the best possible outcome for the UK, no-one knows what form this will take or how...more

Prioritising Environmental Obligations in Future Trade Agreements

We have commented previously about the Transatlantic Trade and Investment Partnership (TTIP) and its relationship with environmental obligations. Here, following Brexit, we turn our attention to future trade arrangements for...more

WTO Panel Report: Russia - Tariff Treatment

A WTO Panel has ruled that the Russian Federation has violated its WTO obligations by imposing duties on certain EU goods in excess of its committed ("bound") rates, in breach of Article II of the General Agreement on Tariffs...more

A Surge In Populism: Dangers To Transnational Trade In The Americas And Reasons For Hope

The ongoing presidential election in the United States has underscored a move against free trade by both of the main political parties. This article briefly summarizes some of the proven benefits of free trade and juxtaposes...more

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