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USMCA can reverse Trump administration and strengthen trade relations

Meltzer 21 - (Joshua Meltzer is a Fellow in the Global Economy and Development Program at the Brookings Institution and an Adjunct Professor at the Georgetown University Law School and at the John Hopkins School of Advanced International Studies in Washington D.C.) September 2021, "Developing a roadmap for USMCA success”, Global Economy and Development at Brookings, https://www.brookings.edu/wp-content/uploads/2021/09/Developing-roadmap-USMCA.pdf //mish

USMCA could also help correct the failures of the Trump administration to lead on new trade deals in Asia, which has likely harmed U.S. competitiveness as tariffs were imposed on numerous intermediate goods. While the Trump administration spent several years pulling out of trade deals such as the CPTPP and raising tariffs on manufacturing inputs, the rest of the world concluded new trade deals, which lowered barriers and increased economic integration. This included the the EU-Japan and Canada-EU trade deals and Regional Comprehensive Economic Partnership, a regional trade deal in Asia. Against this context, USMCA can provide a North American framework for strengthening the capacity of the three countries—the U.S., Mexico, and Canada—to compete globally.

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