Trade Policy Under Trump Administration: Is It Time to Revisit NAFTA?
During the campaign, US President Donald Trump repeatedly pledged to either renegotiate or withdraw the US from the North American Free Trade Agreement (NAFTA). Although it is yet to be seen if his campaign rhetoric will turn into policy, multinational companies should expect a number of vital changes that will impact their business operations if NAFTA is renegotiated or the US withdraws from the agreement. Companies should closely monitor the ongoing developments in this topic and take contingency plan to mitigate the risk of a NAFTA exit.
In a two-hour LIVE Webcast, a panel of thought leaders and practitioners assembled by The Knowledge Group will give insights on the possibility of either NAFTA renegotiation or repeal. The implications to the US trade policy, particularly to US companies with operations in Canada and Mexico, will also be given emphasis. Speakers will also offer contingency planning strategies that may help the audience prepare for any changes in NAFTA.
Key topics include:
- Overview of NAFTA
- The Role of Congress
- Withdrawal, Amendment, or No Change?
- Impacts of Full Withdrawal to NAFTA
- Other International Trade Issues to Monitor
- Preparing for a Contingency Plan
Maria Celis, Partner
Neville Peterson LLP
- NAFTA trade statistics – How the parties have benefited from NAFTA
- May the U.S. unilaterally withdraw from NAFTA
- Trade War – What may result if the U.S. imposes a 35% duty on imported goods or a 20% border tax on Mexican goods
Rafael Lorenzo Prieto, Managing Principal
- NAFTA and TPP (what can be implemented)
- Is Mexico really the bad commercial partner?
- Rules of origin; how they can change?
- Mexico: Reactive vs. Proactive
Alejandro N. Gomez Strozzi, Partner
- NAFTA has certainly not been "a disaster" for any of its Members.
- Even without NAFTA, México would remain as a competitive manufacturing location.
- Specific NAFTA modification proposals will be put forward to address situations such as this one, in which an abstract, beyond-trade grievance is being used to force a renegotiation.
Mark E. Foster, Attorney
Law Offices of Mark E. Foster
- Summary of specific proposed US tax code changes impacting US exports and imports, including with Mexico and Canada. These changes set the stage for potential amendments to NAFTA, including potential “border tax” on imports to US.
- Specific US trade policy directions under the Trump Administration; what’s “in” (emphasis on bilateral deals), what’s “out” (TPP-like comprehensive multi-party treaties. Likely impact to US-Mexico, US-Canada operations.
- Climbing the food chain: is it time for Mexican manufacturing/capital investment in the USA?
Victor Truong, Director, International Trade & Customs Law Consultancy, CCS
VistaTrade Consultants, Inc.
- Canadian Perspective
Who Should Attend:
- Investment, Commercial and Retail Bankers
- IT Directors
- Business Intelligence Officers
- Heads of Technology and Innovation
- Financial Analysts
- Data Officers
- Business Development Executives
- Management Consultants
- Operations Managers
Alejandro Gómez-Strozzi focuses his practice on providing advisory and consulting services related to international trade, antidumping, customs, foreign trade and Mexican administrative law.
He has advised major multinational companies in the automotive, steel and consumer products sectors. He provides advice regarding available foreign trade programs, tax implications of foreign trade operations, implementation of free trade agreements entered into by Mexico, customs procedures, trade compliance and unfair trade practices.
He has led several clients’ participations in antidumping investigations, such as carbon steel pipe, originating in the United States, Spain and India, steel wire rod originating in China and hot-rolled steel originating in Germany, China and France.
Alejandro is the lead trade consultant of the Mexican associations and confederations of pork, poultry and beef producers and provides advice in tariff and nontariff trade regulations and standardization. He also participates in the defense of their interests in national and international trade panels.
Alejandro has experience in private practice and government. During President Vicente Fox´s administration (2000-2006), Alejandro was the undersecretary of economy in charge of foreign investment, standards and trade Remedies. In addition, he previously led the Mexican Investigative Authority regarding trade remedies (UPCI) in the Ministry of Economy.
Alejandro Gómez-Strozzi focuses his practice on providing advisory and consulting services related to international trade, antidumping, customs, foreign trade and …
Maria E. Celis has worked in Customs and international trade for over 17 years, and is a partner in the New York office of Neville Peterson LLP. She practices in the areas of international trade, Customs, export law, Food and Drug Administration, and other federal regulatory matters. She is admitted to practice before various federal courts, including U.S. Court of International Trade and the U.S. Court of Appeals for the Federal Circuit.
Ms. Celis has been asked to speak before numerous groups regarding trade, including: Cargo Logistics America in San Diego, California; the Mediterranean Anglo- American Business Network (MAABN) in Aix-en Provence and Marseille, France; the Midwest Global Trade Association (MGTA), in Minneapolis, MN; and the Xinji Chamber of Commerce in Hebei, China, on such issues as Exporting and Business Strategies During a Recession, INCOTERMS, Free Trade Agreements, Essential in Commercial Contracts, and Payment Terms in International Commercial Contracts; and NAFTA and the Trans-Pacific Partnership Agreement.
Maria E. Celis has worked in Customs and international trade for over 17 years, and is a partner in the …
Victor Truong has been consulting and assisting multi-national companies in the area of international trade & commodity taxes.
He has acted for and advised corporations on a wide range of trade related matters and international trade issues related to importing and exporting, including NAFTA qualification, HS tariff classification, valuation, and appeals before the Canadian International Trade Tribunal.
In addition to trade matters in Canada, he has successfully represented and assisted clients, through the vast Global Supply Chain network and legal association, in matters before the US Department of Commerce and European Union Courts Trade.
He has a bachelor degree in Economics, specialization in International Trade from the University of Waterloo. In addition to his business background, he also completed his Bachelor of Laws at the University of Newcastle, in which his area of focus study was Maritime & Admiralty Law. Victor brings an innovative and dynamic view to customs compliance given that his field of specialty lies in International Trade and Maritime Law.
His experience in customs law and best practices in the area of international trade has help many clients minimize duty and excise tax, including GST; and avoid other interest and penalties by strategically structuring the global supply chain and reviewing transactions for customs valuation, tariff classification, and trade agreements & treaties. He has also has extensive knowledge and experience with the international transfer pricing.
Victor Truong has been consulting and assisting multi-national companies in the area of international trade & commodity taxes. He has …
Rafael is a Managing Partner at Bryan Consulting the Trade and Business Consulting affiliate of theMexican law offices of Bryan, Gonzalez Vargas and Gonzalez Baz.
Rafael has vast experience in trade and customs matters, and has assisted numerous companies with issues regarding trade and logistics in Mexico and Central America.
Rafael has served as an advisor to PROESA (El Salvador’s investment agency) in matters regarding maquiladoras and free trade zones. Also, he is as an advisor to UK Trade and Investment, as well as USTR for Mexico and Latin America trade matters.
Rafael has represented the interests of foreign companies in Mexico in complicated issues such NAFTA origin verifications, denial of preferential tariff treatment under a FTA, the assessment of countervailing duties to goods imported into Mexico’ as well as dumping cases.
Rafael was part of the negotiating group for the establishment of Mexico’s Sectorial Promotion Programs or PROSEC in response to Article 303 of NAFTA.
With more than 20 years of experience, Rafael has assisted numerous companies to establish foreign subsidiaries under a duty deferral program throughout Mexico and Central America.
Rafael has an education from Universidad La Salle and the University of Texas.
Rafael is a Managing Partner at Bryan Consulting the Trade and Business Consulting affiliate of theMexican law offices of Bryan, …
Mark Foster has represented companies, entrepreneurs and governments worldwide for over 30 years.
- International business transactions, “Greenfield” projects.
Mark is the “go-to” lawyer for efficiently handling complex international business transactions. Mark is often retained by other lawyers in the US and elsewhere. Mark has handled over a dozen Greenfield industrial development projects in the US for Japanese, European and Asian investors. Mark has been lead counsel to companies siting manufacturing facilities in the US, Mexico, Canada, the UK, the EU, Japan, Singapore, Malaysia, India, Ireland, Estonia, the Philippines, and elsewhere.
- Counsel to governments -- Regional, State, National, both inside and outside the U.S.
Mark has advised the U.S. Trade Representative and Commerce Department on trade policy for the high tech sector during the past four Administrations. Mark has received Executive appointments as trade policy advisor from Presidents Reagan, G.W. Bush, and Obama, and served under President Reagan as Special Counsel to the U.S. Embassy, Tokyo, negotiating increased U.S. exports to Japan. Mark advises several state and regional groups on export and industrial development matters.
- General Counsel.
Mark has been General Counsel and CFO to public and private companies including Natus Medical (NASDAQ:BABY) and Volumetrics Medical Imaging, a Duke University technology spinoff. Mark has successfully licensed Volumetrics real-time ultrasound imaging patents internationally to Philips, GE, Siemens, Toshiba and Medison-Samsung. Mark’s firm is outside General Counsel to Asian and European technology firms entering the U.S. market.
- Advice to shareholders and boards of directors.
Mark regularly advises investors and board members on corporate governance matters.
- New venture start-up counseling.
Mark has structured and documented numerous new business ventures, and his firm provides General Counsel and, often, CFO services. Recent successes include wireless mobile broadband carrier Peregrine Network, a strategic investment of Qualcomm.
Mark Foster has represented companies, entrepreneurs and governments worldwide for over 30 years. International business transactions, “Greenfield” projects. Mark is …
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Gardere Wynne Sewell LLP, an Am Law 200 firm founded in 1909 and one of the Southwest's largest full-service law firms, has offices in Austin, Dallas, Denver, Houston and Mexico City. Gardere provides legal services to private and public companies and individuals in the areas of aviation, chemical and refining, corporate, energy, environmental, financial restructuring and reorganization, government affairs, hospitality, insurance, intellectual property, international, labor and employment, litigation, manufacturing, maritime, private equity, real estate, retail, tax, technology law and venture capital.
About Neville Peterson LLP
Neville Peterson LLP is a law firm concentrating in international and domestic trade regulation matters. For more than 25 years, the firm has provided legal counsel and representation to foreign and domestic corporations and industries, governments, Customhouse brokers, freight forwarders, carriers and individuals in the areas of international trade, Customs law, export controls, intellectual property, antitrust, shipping, product safety, and related Federal regulatory disciplines.
The firm’s practice spans administrative representation, litigation and counseling before United States and foreign agencies, courts and international organizations.
About VistaTrade Consultants, Inc.
Trade Compliance, Duty & Tax Recovery Consulting are at the core of our business at Vistatrade Consulting Inc. It is with a diverse advisory team and decades of experience that we offer comprehensive compliance solutions for all aspects of the supply chain.
About Bryan Consulting
Bryan Consulting’s philosophy as the premier law firm in Mexico is to offer our clients the finest in legal services based on sound legal analysis and experience. On-going relationships with Mexican government agencies at the national, state and local levels and continuing education programs for the professionals enables the Firm to remain at the "cutting edge" of the practice of law in Mexico, and the firm’s unique consulting practice exists foreign investors a hassle free experience when setting-up operations in Mexico.
About Law Offices of Mark E. Foster
Mark Foster’s law firm advises businesses, entrepreneurs and governments domestically in the US and internationally. Mr. Foster founded his firm in Tokyo in 1988, after he had served as Special Trade Counsel to the US Embassy, Tokyo for the Reagan Administration. Mark advises companies on international and domestic business transactions including creation of US subsidiaries, distribution and acquisition and mergers. Mark has handled over a dozen Greenfield industrial development projects for US, Japanese, and European companies siting plants in the US, Mexico, Canada, Europe and Japan, among other places. Mark has served as General Counsel and CFO to public and private companies including Natus Medical Inc. (NASDAQ:BABY).